Costa Rican beach from above

Costa Rica Economic Activity March 2018

Costa Rica: Economic activity decelerates in March

In March, annual growth in economic activity decelerated to 3.1% from an upwardly revised 3.2% expansion in February (previously reported: +3.0% year-on-year), according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Económica) published by the Central Bank of Costa Rica (BCCR).

March’s slowdown in growth came amid a year-on-year contraction in the mining and quarrying sector and a stagnant construction sector. On the other hand, the information and communication, and transportation and storage sectors both recorded strong expansions in March.

In month-on-month terms, the economic activity growth rate remained steady at February’s 0.2% in March. Meanwhile, year-on-year average growth was also unchanged from February in March, holding at 2.9%.

Costa Rica GDP Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest