In February, economic activity expanded 5.2% over the same month last year, according to the monthly index of economic activity (IMAE, indice Mensual de Actividad Economica). The reading was below the revised 5.7% expansion observed in January (previously reported: +6.4% year-on-year). The slowdown reflected a moderation in the manufacturing sector, although the pace of growth remains robust. On a monthly basis, economic activity was flat in seasonally adjusted terms, which followed the subdued 0.10% expansion recorded in January. In spite of the monthly deceleration, the trend continues to improve, with annual average economic growth rising from 4.4% in January to 4.7%, the highest level since November 2010.
Costa Rica Economic Activity
Economic activity decelerates in February
April 10, 2012
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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.