Costa Rica: Economic activity records weakest reading since February 2021 in April
Economic activity increased 5.0% in April (March: +8.7%). April’s figure marked the lowest reading since February 2021. Looking at the details of the release, the agriculture, forestry and fishing sector contracted at a more moderate pace in April, while the manufacturing sector rose at a weaker rate.
Meanwhile, annual average economic activity growth fell to 10.6% in April (March: +11.4%), pointing to a worsening trend.