Production drops in Costa Rica

Production barely grew by 2.6% in comparison to the same month last year, the Central Bank indicated yesterday.

Tuesday, August 12, 2008

This is the lowest interannual growth (for each month in comparison to the same month in the previous year) that has been recorded since March 2002; this confirms a slow-down that started last year.

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Costa Rican Economy Slows Down

October 2012

In July the Monthly Economic Activity Index showed an annual variation of 3.2%, confirming predictions of a slowdown in the second half of 2012.

Elfinancierocr.com reports that "The Monthly Economic Activity Index (MIEA) showed a variation of the internanual cyclical trend of 3.2% last July, which reveals a brake on the growth of the national economy, and even includes a figure much lower than expected for the end of the year by the Central Bank (4.8%). "

Economic Activity in Costa Rica Slows

January 2011

Economic activity measured by IMAE showed a slight increase in November 2010, growing at an annual rate of 1.9%.

Although, extending comparison periods shows a slowdown compared to the annual growth in July, August and September, when the indicator showed 4.3%, 4.1% and 3.1% respectively.

Economic activity declines 0.5% in Costa Rica

January 2009

The latest results of the Monthly Index of Economic Activity as of November 2008 indicates a variation of -0.5% in the last 12 months.

According to nacion.com "this is the first drop in the interannual variation (for each month compared to the same month in the previous year) for the Index since July 2001.

Pace of economic growth slows in Costa Rica

May 2008

The latest official data point to a mild slowdown in Costa Rica's economic growth.

The Monthly Index of Economic Activity in March (the last month for which information is available) was 6.5 percent, down from 6.8% in the same month last year.
The central bank's preliminary figures for the first quarter provide mixed signals on the near-term development of the economy.

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