In August, economic activity expanded 3.7% over the same month the year before, according to the monthly index of economic activity (IMAE, indice Mensual de Actividad Economica). The reading was below the revised 4.0% expansion observed in July (previously reported: +4.2% year-on-year). The lower print reflected decelerations in the commerce and hotels sectors. On a monthly basis, economic activity rose 0.06% in seasonally adjusted terms, which was well below the 0.15% expansion recorded in July. However, the trend remained unchanged, as annual average economic growth expanded at July's 3.7% pace. In the July revision to the Macroeconomic Programme 2011-12, the Central Bank sees economic growth expanding 4.5% this year, and 4.7% in 2012
Costa Rica Economic Activity
Economic activity decelerates in August
October 10, 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.