Business: Making Blind DecisionsBecause of the tension between the productive sector and the government, coupled with the lack of official statistics from the Central Bank, some companies in Nicaragua have chosen to stop providing information to the authorities.Wednesday, December 18, 2019
In an attempt to hide the complicated economic situation, the country is going through, local authorities have not published information on the Monthly Economic Activity Index since February 2019, when the year-on-year drop was 7.5%. This prevents businessmen from making decisions based on the real situation of the economy. Source: laprensa.com.ni No Information to Make DecisionsNovember 2019 In Nicaragua, the authorities have not published information on the Monthly Index of Economic Activity since February 2019, when the year-on-year fall was 7.5%, a situation that prevents businessmen from making decisions based on the real situation of the economy. Economic Growth Is Not AcceleratingOctober 2019 In the second quarter of the year, Costa Rica's GDP grew 1.4% year-on-year, below the 3% reported for the same period in 2018, which is associated with the evolution of internal demand and external demand for the production of companies under the definitive regime. Economic Activity Does Not ReboundJuly 2019 In Costa Rica, the Monthly Economic Activity Index reported a 1.3% year-on-year increase in May, one of the lowest growth rates reported in recent years, since a similar variation had not been registered since November 2013. Strike's Real ImpactNovember 2018 In September, economic activity in Costa Rica barely grew 2.5%, 0.3% over the previous month, mainly because of the effects of the activity stoppage caused by public employee unions.
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