In September, economic activity expanded 4.1% over the same month the year before, according to the monthly index of economic activity (IMAE, indice Mensual de Actividad Economica). The reading was unchanged from the revised 4.1% expansion observed in August (previously reported: +3.7% year-on-year). The expansion reflected resilient growth in the transport and construction sectors. On a monthly basis, economic activity rose 0.38% in seasonally adjusted terms, which was above the 0.28% expansion recorded in August. However, the trend remained unchanged, as annual average economic growth remained at August's 3.8% pace. In the July revision to its Macroeconomic Programme 2011-12, the Central Bank sees the economy expanding 4.5% this year, and 4.7% in 2012.
Costa Rica GDP
Economic growth remains steady in September
November 11, 2011
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Costa Rica Economic News
October 12, 2016
In August, economic activity slowed down slightly to a 4.5% increase from the same month last year, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Economica).
October 10, 2016
Consumer prices fell 0.47% in September from the previous month, which contrasted August’s 0.03% increase and marked the lowest reading since March 2016.
October 3, 2016
In the second quarter of 2016, GDP expanded 4.1% over the same period last year.
September 12, 2016
In July, economic activity slowed down slightly to a 5.1% increase over the same month last year, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Economica).
September 7, 2016
Consumer prices increased 0.03% over the previous month in August, which was a significant slowdown compared to July’s 0.93% increase.