Nicaragua Economic Outlook
October 14, 2014In the second quarter, the economy grew 3.2% in annual terms, which marked a notable slowdown from the 5.4% expansion recorded in Q1. Q2’s deceleration was driven by lower growth of consumption and exports, as well as by declining investment. On the production side, transport, post and communications, and trade made the greatest contributions to the expansion, while notable declines were recorded in the production of basic grains, petroleum products and construction. Despite a deceleration, remittances growth remained solid in August.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.25||0.0 %||Oct 21|
Nicaragua Economic Growth
October 14, 2014FocusEconomics panelists expect the economy to grow 4.3% in 2014, which is down 0.1 percentage points from last month’s forecast. For 2015, the panel expects economic growth of 4.5%.
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