Economy slows down in Costa Rica
The growth of the Costa Rica economy slowed in August to 3% in relation to the same period in 2007.
Tuesday, October 14, 2008
The Monthly Index of Economic Activity (IMAE), which measures the total production of goods and services, shows that the economy of Costa Rica continues to grow, but at a rhythm below the 8% with which it began the year, the Central Bank indicated.
The variation of IMAE in September was 3.08%, highlighting the slowdown trend observed since February.
In January 2013 the Monthly Indicator of Economic Activity recorded a variation of 3.3%, whereas last year it was 7.2%.
Economic activity measured by IMAE showed a slight increase in November 2010, growing at an annual rate of 1.9%.
Production continued to slow down in September affecting company sales, new hires and employment.
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