FXstreet.com (Barcelona) - KOF economic indicator fell in March another time after decreases figures of February and January, according to data released by the KOF Institute.

KOF index has posted at 1.54 points, a decrease from 1.65 in February. Consensus was to 1.60 points to March.

The Core GDP module (overall economy excluding construction and banking) has been in decline since October 2007. Banking module remains in negative land and construction module indicates that growth in construction activity has ground to a halt.