Nicaragua: Economic Activity Continues to Slow Down

In April, the IMAE registered an interannual increase of 1.6% compared to the same month in 2017, below the average rate of 2.9% reported in the first three months of the year.

Tuesday, June 19, 2018

From a report by the Central Bank of Nicaragua:

In April, the monthly index of economic activity (IMAE) registered a variation of 1.6 percent in relation to the same month in the previous year. Average annual growth was 3.5 percent and the cumulative variation up to the month of April was 2.7 percent.

The activities with the highest growth were: the manufacturing industry, 8.7 percent; financial intermediation and related services, 5.7 percent; transport and communications, 5.6 percent; mining and quarrying, 5.6 percent; agriculture, 5.3 percent; and energy and water, 3.9 percent.

In the group of primary activities, growth registered in mining and quarrying activities, agriculture and livestock, was offset by decreases in fishing and aquaculture and in forestry and wood extraction.

See full report (in Spanish).

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