Costa Rica Economic Activity

Costa Rica

Costa Rica: Economic activity remains virtually unchanged in September

November 12, 2010

In September, economic activity increased 3.1% over the same month last year, according to the monthly index of economic activity (IMAE, indice Mensual de Actividad Economica). The reading was broadly in line with the revised 3.2% expansion observed in August (previously reported: +3.3% year-on-year) and reflected contractions in the manufacturing and construction sectors, which helped to offset improvements in the commerce and hotels sectors. A month-on-month comparison suggests that the recovery is losing momentum. Economic activity rose just 0.32% in seasonally adjusted terms over the previous month, which was down from the 0.35% expansion recorded in August. Based on monthly figures, in the third quarter, the economy expanded 3.2% over the same period last year, which represents a slowdown compared to GDP growth of 3.7% recorded in the second quarter. Nonetheless, the trend continues to point upwards, as the annual average growth in economic activity rose from 4.2% in August to 4.4% in September, the highest level since October 2008. The Central Bank projects the economy to expand 4.0% this year and 3.9% in 2011.


Author:,

Sample Report

Looking for forecasts related to Economic Activity in Costa Rica? Download a sample report now.

Download




Costa Rica Economic News

  • Costa Rica: Economic activity growth accelerates in December

    February 9, 2018

    In December, year-on-year growth in economic activity accelerated to the fastest pace in 10 months, increasing from a revised 3.2% in November (previously reported: +2.4% year-on-year) to 3.5%, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Económica) published by the Central Bank of Costa Rica (BCCR). December’s result was underpinned by increased activity in the services and manufacturing sectors.

    Read more

  • Costa Rica: Inflation decelerates in January

    February 7, 2018

    In January, consumer prices increased 0.41% month-on-month, down slightly from December’s 0.47% increase.

    Read more

  • Costa Rica: Economic activity growth picks up in November

    January 11, 2018

    Annual growth in economic activity increased from a revised 2.2% in October (previously reported: +2.3% year-on-year) to 2.4% in November last year, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Económica) published by the Central Bank of Costa Rica (BCCR). Although November’s annual growth rate was the highest in three months, it was low by historical standards.

    Read more

  • Costa Rica: Inflation accelerates in December

    January 8, 2018

    In December, consumer prices increased 0.47% month-on-month, up from November’s 0.16% increase.

    Read more

  • Costa Rica: GDP growth slows in Q3 on lower investment

    December 22, 2017

    The economy lost steam in Q3 as fixed investment contracted sharply amid higher interest rates and increased uncertainty.

    Read more

More news

Search form