Costa Rica: Level of confidence in the economy by businesses drops

Inflationary pressures, increases in the exchange rate, credit restrictions and higher energy prices are a few of the causes.

Wednesday, August 6, 2008

Although the majority of Costa Rican businessmen continue to be optimistic about the direction the country is heading, the quarterly poll "Pulso Empresarial" - or Business Pulse in English - showed a 10% drop in the confidence level in comparison to previous polls.
"There is no pessimism, however there was a 'drop' from (a level of) very good to good," said the president of the Costa Rican Union of Private Sector Business Chambers and Associations, Manuel H. Rodriguez, as he delivered the results of the survey.

More on this topic

Costa Rica: Business Confidence Down 10%

May 2014

The business confidence index calculated by the "Business Pulse" survey reached its lowest level in the last two years, with negativity being felt in the services and construction sectors in particular.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Little Optimism Among Costa Rican Businessmen

December 2009

Companies remain cautious on a potential economic recovery.

The Business Confidence Index stands at 3.65, out of a maximum of 10. It is elaborated by Uccaep, the union of business chambers of Costa Rica.

"The indicator shows that corporate expectations are worse than the last quarter of 2008, when the Index recorded 6.04 points", reports Nacion.com.

Costa Rica: Index of Business Confidence Drops 26%

February 2009

The study is related to the quarterly survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of the Private Business Sector.

El Financiero, in its website, publishes: "The consumer confidence [index] measures the expectations for the first quarter of the year (January, February, and March).

Guatemala: Level of confidence in the economy falls 68.1%

December 2008

The Confidence index (from Banguat) which measures the perception of the economy and the business environment fell 68.1% in 12 months.

The monthly index, prepared by surveying a panel of private analysts who were hired by Banguat. when from 50 in November 2007 to 15.91 last month, which adds up to a 68.1% in a year.

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