Nicaragua Economic Outlook
December 9, 2014The Nicaraguan economy decelerated notably from the buoyant expansion tallied in the first quarter to milder growth in the second. Falling investment, declining net exports and lower consumption growth were behind Q2’s slowdown. A drought prompted agricultural output to contract and a notable decline in construction exacerbated Q2’s weak performance. More recent data point to a recovery in the third quarter; the monthly economic activity indicator accelerated in September and recent developments also suggest that investment and the construction sector have picked back up.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.18||-0.80 %||Dec 04|
Nicaragua Economic Growth
December 9, 2014Nicaragua’s economic outlook is promising. FocusEconomics panelists expect the economy to grow 4.3% in 2014. For 2015, the panel expects economic growth of 4.4%, which is up 0.1 percentage points from last month’s estimate.
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