Nicaraguan economy slows down

Trade, the financial system, the fishing industry, and the manufacturing industry were four of the main economic sectors

Thursday, January 15, 2009

©image: reports: Undoubtedly, the most affect areas was financial services, which in 2008 grew only by 0.32 percent, compared to the 16.99% in 2007.

This data was part of the economic report for 2008 that was prepared by the Business Development Consultant group.

More on this topic

Guatemala: Modest growth anticipated for 2008

August 2008

The Association for Investigation and Social Studies (ASIES) carried out a moderate study of the local economy.

ASIES analyst, Carlos Gonzalez, pointed out that the unfavorable external climate resulting from the financial crisis, and the high price of oil and food - that started in 2006 and worsened in 2007, began to affect production activities during first semester of this year.

Costa Rica's Economic Activity Slows Down

March 2013

In January 2013 the Monthly Indicator of Economic Activity recorded a variation of 3.3%, whereas last year it was 7.2%.

Monthly Indicator of Economic Activity (MIEA) published by the Central Bank of Costa Rica:

The country's economic activity, as measured by the cycle of the Monthly Indicator of Economic Activity (MIEA), showed a variation of 3.3% in January 2013, lower than a year earlier when production grew by 7.2% .

Costa Rica: Activity Falls Due to Less Domestic Demand

March 2015

The Central Bank has confirmed the decline in domestic demand mainly in agriculture, trade, hotels and restaurants, and transport and storage.

From a statement issued by the Central Bank of Costa Rica (BCCR):

The country's economic activity, measured by the cycle trend of the Monthly Index of Economic Activity (IMAE), recorded a variation of 2.9% in January 2015, 0.4% lower than that observed a year earlier when production grew by 3.3% and 0.7% lower than the average growth of the indicator in 2014 (3.5%).

Costa Rica Economy Slows Down

September 2012

As of July 2012 the Monthly Economic Activity Index is 4.5%, confirming a slowdown that began five months ago.

An article in reports that "This is a significant drop since last June as it was thought that the economy would advance at a rate of 5.3%. With the July data the national economic has been slowing down for the last five months, and in March a decline started in the dynamism that had been driven by the manufacturing sector. Increased activity was recorded in February when there was a figure of 7.43% in the variation of the interannual Imae. "

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