Nicaragua: III Economic Report 2013

Growth up to July was 4.8%, the cycle-trend points to an increase of 4.3%.

Wednesday, October 23, 2013

Third report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presented on Monday October 21 its third report on economic conditions in 2013, indicating that economic growth remains above 4%, but is still slowing. According to the Monthly Index of Economic Activity (MIEA) economic growth was 4.8% in July 2013, but the trend-cycle points to a growth of 4.3%.

On the supply side, growth was driven by industry, agriculture, and construction. On the demand side, private consumption, government spending and exports. Private investment and imports fell slightly.

FUNIDES indicated in its report that the September 2013 inflation reached 7.4%, half is due to the increase in food prices. Real wages (adjusted for inflation) in the formal sector continue to stagnate on average, but show marked differences between activities: having grown in mining and industry, but went down in trading and in construction. Macroeconomic policy remains cautious: international reserves remain at comfortable levels and debt continues to drop.



More on this topic

Nicaragua: Economic Situation Report III Quarter

October 2014

The report notes that although private consumption remains the main engine, the pace of growth in economic activity continues to slow.

Economic Situation Report of the third quarter of the year, prepared by the Nicaraguan Foundation for Economic Development:

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presents its third report on economic conditions in 2014, which states that in the first 7 months of 2014, the economy has continued a slowdown which began in the fourth quarter 2013. The average variation of 12 months of the Monthly Index of Economic Activity (MIEA), original series, which had reached 4.8% in April stood at 4.2% in July.

Nicaragua: Fourth Economic Situation Report

December 2013

Economic activity grew by 4.7% on average up to September 2013, but its annual growth continues to slow down having gone down 6% at the beginning of the year to 3.5% in September.  

From the fourth report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

Signs of Slowdown in Nicaragua

July 2013

Economic growth remains above 4% but it is slowing down and becoming concentrated on a few activities.

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presented on Tuesday July 16 its second report on economic conditions in 2013, which indicates that economic growth remains above 4 percent, but is slowing down and is concentrated on a few activities.

Funides Analyzes Economy

April 2013

Possible variations in the economic support from Venezuela could drastically change the evolution of the Nicaraguan economy.

From the first report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES), presented on Thursday April 11 its first report on economic conditions in 2013, which states that in 2012 the economy grew for the second consecutive year above 5 percent, which is very favorable for employment and poverty reduction. On the supply side, growth was sustained by construction, followed by mining, transport and communications. On the demand side, growth engines were private investment and exports.

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