Costa Rica: Investment Confidence Index Drops

According to the first quarterly survey of 2009 conducted by the Central Bank, 81.8% of respondents said that this is a bad time to invest.

Monday, April 27, 2009

The survey was conducted between January 28 and February 11 among consultants, entrepreneurs, and financial and stock analysts and showed a higher percentage than the 79.4% observed during the previous quarter.

Mary Siu Lanzas wrote in Prensalibre.co.cr: "On this question, the percentage of those who were unsure decreased with respect to the previous application, going from 20.6% in the fourth quarter of 2008 to 18.2 % in the first quarter of 2009. Of the 81.8% of respondents who believe that the situation is not favorable, 57.6% justified his/her response with the fact that the global economic crisis will contract both external and internal demand, 24.2% attributed it to a scenario of uncertainty and 15% pointed to insufficient credit. Only 6% blamed the policies of the BCCR.”



More on this topic

Uncertainty Persists, Even with Fiscal Reform

August 2019

In Costa Rica, the Central Bank predicted that confidence would again prevail among businessmen and consumers once the tax reform was approved, but that has not been the case.

In December 2018, after a year of proceedings in Congress and after having been reviewed in the constitutional instance, was approved by the Assembly of the country the file that corresponded to the Law of Strengthening Public Finances.

Guatemala: Confidence in the Economy Recovers

September 2015

An improvement in the economy is anticipated in the coming months, and a larger number of analysts surveyed believe it appropriate to invest in the country.

From the Survey on Economic Expectations with a Panel of Private Analysts at the Banguat:

The panel forecast an inflation rate of 2.50% for September, 2.61% for October and 2.67% for November 2015.

Costa Rica: Index of Business Confidence Drops 26%

February 2009

The study is related to the quarterly survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of the Private Business Sector.

El Financiero, in its website, publishes: "The consumer confidence [index] measures the expectations for the first quarter of the year (January, February, and March).

Costa Rica: Level of confidence in the economy by businesses drops

August 2008

Inflationary pressures, increases in the exchange rate, credit restrictions and higher energy prices are a few of the causes.

Although the majority of Costa Rican businessmen continue to be optimistic about the direction the country is heading, the quarterly poll "Pulso Empresarial" - or Business Pulse in English - showed a 10% drop in the confidence level in comparison to previous polls.

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