Costa Rica: Industry and Construction sectors with big contraction
Industry and Construction are two of the sectors that have suffered the greatest contraction this year.
Monday, December 15, 2008
Industry when from a growth of 8% in October last year to a decrease of almost 5% in October of this year. Construction went from a rate of almost 18% to 5% during the same period.
The Monthly Economic Activity Index, which reflects the performance of the economy, showed minimal growth during October.
The Monthly Index of Economic Activity (IMAE) shows growth of 2.96% to June, the fourth consecutive month in which year-on-year growth has slowed.
By November 2008 the industrial reported 1.200 less workers than October 2008, and 4.800 less in construction.
The IMAE of March indicates an increase of 6.83% compared to the same month last year, which for now suggests a good momentum of economic activities.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar