Central America: Economic Activity Grows to 4%

CentralAmericaData's Central American Economic Activity Index registered interannual growth of 3.8% up to September.

Thursday, December 7, 2017

Al September 30th, 2017  

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Figures from the Information System Central American Macroeconomic Monitoring, by the Business Intelligence Unit at CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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The interannual variation of the Central American Economic Activity Index (IAEC) in August was 3.80%, which is less than the 3.88% registered in the same month of the previous year.

When analyzing the interannual variation in September of the last five years, it can be seen that the highest level was registered in 2013 with 4.15% and the lowest in 2017 with 3.80%.

For the second consecutive month, Honduras was the country with the highest year-on-year growth in its economic activity, reaching a variation of 5.50%, followed by Panama with 4.44%, Nicaragua with 3.60%, El Salvador with 3.19%, Guatemala with 2.80% and Costa Rica with 2.69%.

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More on this topic

Costa Rica: Economic Activity Slows Down

November 2017

The contraction of 12% in construction destined for private use explains most of the deceleration seen in the economic activity index between July and September of this year.

From a report by the Central Bank of Costa Rica:

The trend cycle series of the Monthly Index of Economic Activity (IMAE) had an interannual variation of 2.7% in September 2017, which led to an average growth for the first nine months of the year, of 3.6%. [GRAFICA caption = "Click to interact with graphics"]

Central America: Economic Activity Grows 3.4%

October 2017

The Central American Economic Activity Index, prepared by CentralAmericaData, recorded a year-on-year growth of 3.4% as of August.

Figures from the Information System Central American Macroeconomic Monitoring by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic para interactuar con la gráfica"]

Costa Rica: Less Growth in Economic Activity

October 2017

The lower growth registered in the IMAE in August was mainly due to the performance of construction activity, which fell by 13% year-on-year.

From a report by the Central Bank of Costa Rica:

The cycle trend series of the Monthly Index of Economic Activity (IMAE) presented a year-on-year variation of 3.2% in August 2017, lower by 0.5 percentage points (pp) than the amount in the same period of the previous year; for its part average growth to August 2017 was 3.9%. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Industry Still in Doldrums

June 2013

The manufacturing sector has accumulated three months of negative interannual variations, which is consistent with the lack of optimism expressed by some businessmen.

From a report on 'Pulso Bursátil', the blog by Aldesa:

After adjustment in the data on economic from the Central Bank, what has emerged is the state of economic downturn being suffered by the country's industrial sector, which has accumulated three months of negative interannual variations, and which in some ways is more consistent with consumer and business confidence levels, which show little optimism.

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