Costa Rica: Economic Activity Up 3.5%

The good performance of the construction sector at the end of the year explained the acceleration registered in economic activity up to December 2017.

Monday, February 12, 2018



Al February 28th, 2018  

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From a report by the Central Bank of Costa Rica:

The country's production of goods and services, as measured by the cycle trend series of the Monthly Economic Activity Index (IMAE), registered an interannual and average variation of 3.5% and 3.1%, respectively, in December 2017. Click to interact with graphClick to interact with graph

The acceleration observed in the indicator, for the fourth consecutive month, is mainly due to the behavior of the construction industry.  The information available for this activity shows that construction slowed from January 2017 to August, coinciding with a deceleration observed in the general indicator. As of October, both the construction and the IMAE reversed this behavior.

According to the trend cycle series, most of the economic activities presented positive interannual rates in December 2017, highlighting the manufacturing activities and business services as the industries with the greatest contribution to the variation of the indicator.

More on this topic

Costa Rica: Economic Activity Up 3.6%

March 2018

The manufacturing industry and professional services were the sectors that explained most of the positive variation registered in the first month of 2018.

From a report by the Central Bank of Costa Rica:

The production of goods and services in the country, as measured by the cycle trend series of the Monthly Index of Economic Activity (IMAE), registered an interannual variation of 3.6% in January 2018, presenting an acceleration for the fifth consecutive month.  [GRAFICA caption = "Click to interact with graph"]

Costa Rica: Economic Activity Continues to Decline

December 2017

The slowdown recorded in October is mainly due to tropical storm Nate, which greatly affected construction and agricultural production.

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 2.3% in October 2017, 2 percentage points (pp) lower than the variation seen one year earlier. [GRAFICA caption = "Click to interact with graphics"]

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"]

Costa Rica: Economic Activity Up 3.6% up to April 2017

June 2017

The majority of activities showed positive variations with respect to April 2016, with professional, scientific, technical, administrative and support services performing best.

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

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