Compared to the same period last year, the quarterly results show a reduction in the growth rate, as a reflection of a lower dynamism of exports of goods, added to reductions in the expectations of world economic growth and the main trading partners, explains the Central Reserve Bank of El Salvador (BCR).

From the BCR report:

During the first quarter of the year, the Salvadoran economy registered a 1.8% real growth in seasonally adjusted series, behavior mainly explained by the dynamics of financial services activities, construction, real estate, electricity and commerce, informed the Central Reserve Bank.

Regarding the same period of the previous year, the quarterly results show a reduction in the growth rhythm, as a reflection of a lower dynamism of goods exports, added to reductions in the expectations of world economic growth and of the main commercial partners.

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Explained by the performance of private consumption and gross investment, during the first three months of the year the Gross Domestic Product registered an increase of 3.4%.

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Costa Rica: Quarterly GDP Up 3.4%

July 2017

In the first quarter of the year, household final consumption and private construction investment accounted for most of the annualized 3.4% increase in GDP.

From a report by the Central Bank of Costa Rica:
 
In the first quarter of 2017, economic activity, measured by the cycle trend of the real Gross Domestic Product (GDP), grew at an annualized rate of 3.4%, mainly reflecting higher final household consumption expenditure and to a lower extent, an increase in investment in private construction, since external demand showed a moderation in its growth.