Nicaragua: Economic Activity Still Weakening

Up to October 2018, the economic activity index fell 6% with respect to the same month in 2017, mainly because of the performance in the commerce, hotels and restaurants sectors.

Monday, January 21, 2019

The Central Bank of Nicaragua reported that "... In October, the monthly economic activity index (IMAE) decreased 6.0 percent compared to October 2017. The average annual variation was -1.0 percent and the cumulative variation in the January-October period was -2.3 percent.

The fastest growing activities were: fishing and aquaculture, 19.4%; mining and quarrying, 11.6%; energy and water, 9.4%; agriculture, 8.9%; health, 2.5% and education, 2.0%.

In primary activities, growth in fishing, aquaculture, mining and quarrying, and agriculture was partially offset by decreases in livestock, -10.8 percent, and forestry and timber extraction, -4.4 percent.

In the manufacturing industry, growth was observed in the production of textiles, tobacco, dairy products, beverages and chemical products; and decrease in the production of meat, petroleum products, non-metallic and metallic products, furniture, among others.
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Economic Activity in Nicaragua Declines 5%

January 2019

Up to November 2018, the economic activity index fell 5% with respect to the same month in 2017, mainly because of the performance in the Hotels and Restaurants and Transport and Communications sectors.

The report of the Central Bank of Nicaragua states that "... in the eleventh month of 2018 the IMAE registered a 5.1 percent decrease with respect to November 2017, an average annual variation of -1.9 percent and a decrease in the accumulated variation of 2.6 percent.

Nicaragua: Economic Activity Falls by 4%

October 2018

The IMAE reported in August a 4% fall with respect to the same month in 2017, explained by the behavior of the economic activity registered in hotels, restaurants and shops.

In August, the monthly index of economic activity (IMAE) decreased 3.9 percent over the same month last year.

Nicaragua: Economic Activity Up 4%

March 2018

At the end of the first month of the year, economic activity recorded an interannual variation of 4%, which was explained by the performance of fishing and agricultural activities.

From a report by the Central Bank of Nicaragua:

The Monthly Index of Economic Activity (IMAE) reflected growth of 4.0 percent in relation to January 2017, with an average annual variation of 4.6 percent, as inferred from the report published by the Central Bank of Nicaragua (BCN) on the 23rd. March 2018 [GRAFICA caption = "Click to interact with graph"]

Nicaragua: Economic Activity Up 5% in 2017

February 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"]