Costa Rica: Commercial deficit increased 60%
2008 ended with a trade deficit of $5.8 billion, according to figures published by the Central Bank of Costa Rica.
Wednesday, January 21, 2009
Elfinanciero.com reports: "The figures released this morning by the Bank show growth rate has slowed in the last few months; as of October the figure was 80% higher than for the the previous 12 months.
The gap between the accumulated import and export of goods and services for the last four quarters that ended in June 2008 doubled in comparison to the same period from the year before.
Trade deficit grew during the last twelve months to $ 3.95 billion in September.
Goods imports in July are up while exports have stagnated.
El Salvador registered a first-quarter trade deficit of US$1.254 million, a 20.4 percent increase on the same period of last year.
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