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.
At the end of 2018, the Monthly Index of Economic Activity fell by 7% compared to December 2017, a decrease explained by the performance of the Hotels and Restaurants and Construction sectors.
In December, the seasonally adjusted monthly index of economic activity (IMAE) decreased 0.2% with respect to November 2018.
In December of last year, year-on-year growth of economic activity was 5.3%, explained for a fourth consecutive month by fishing and aquaculture activities, and agriculture.
From a report by the Central Bank of Nicaragua:
The BCN issued on February 16, 2018 the Monthly Index on Economic Activity (IMAE) report for the month of December 2017.The report shows that the IMAE grew by 5.3 percent in relation to December 2016, with an average annual variation, which in December coincides with the cumulative variation of 4.8 percent.[GRAFICA caption = "Click to interact with graph"]
In April, the monthly index of economic activity registered a year-on-year growth of 4.9%, slightly lower than the variation of 5% registered in the same month in 2016.
From a report by the Central Bank of Nicaragua:
In May, the monthly index of economic activity (IMAE) grew by 4.9 percent in relation to May 2016 and similar growth was seen in the average annual variation (4.9%).For its part, growth accumulated in the January-May period was 5.8 percent.[GRAFICA caption = "Click to interact with graphics"]
In April, the monthly index of economic activity registered a year-on-year growth of 4.9%, slightly lower than the variation of 6.9% registered in the same month in 2016.
From a report by the Central Bank of Nicaragua:
In April, the monthly index of economic activity (IMAE) grew by 4.9 percent compared to April 2016.Meanwhile, the annual average variation was 4.9 percent and accumulated growth in the January-April period resulted in 5.4 percent.[GRAFICA caption = "Click to interact with graphics"]