Costa Rica: Economic Activity Grows 3.9% up to February 2017

47% of the economic activities in the group have tended to reduce their rate of growth not only in inter annual terms, but also in term of growth in 2016.

Wednesday, April 12, 2017

Al February 28th, 2018  

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

The first two months of this year, the cumulative rate of the trend cycle of the monthly index of economic activity  (MIEA)  achieved growth of 4.2%; down by 0.8 percentage points (pp) over the same period in 2016. For its part; the year on year rate reached 3.9% (5.4% FEB 2016), a rate which has decelerated from December. Click to interact with graphicsClick to interact with graphics

47% of the economic activities in the group tended to reduce their growth not only in terms of year-on-year growth but also with respect to 2016; however, some activities associated with services showed growth above what was registered by the general indicator (MIEA) ; which along with the acceleration of other service activities helps to explain the more than 73% of annual growth; followed by manufacturing, agriculture and construction. The indicator excluding special regime production grew by 3.0% in February, compared to a year ago when it was 3.8%.

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From a report by the Central Bank of Costa Rica:

The country's production of goods and services, measured by the cycle trend series of the Monthly Economic Activity Index (IMAE), registered an interannual variation of 3.0% in February 2018, presenting a deceleration of the interannual rate of 0.1 point percentage (pp) with respect to what was observed in the previous month. On the other hand, the average rate for the first two months was 3.1%. [GRAFICA caption = "Click to interact with graph"]

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Dynamism continues to characterize the Nicaraguan economy, which in January recorded an increase of 4.3% compared to the same month in 2015 and growth of 6%.

From a statement issued by the Central Bank:

The BCN issued on April 14th 2016 the monthly index for Economic Activity (IMAE by its initials in Spanish) for the month of January this year.

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