Sunday 19 September 2021

Costa Rica: Crisis of Confidence In The Commercial Sector

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(QCOSTARICA) – The index measuring confidence in the commercial sector in the second quarter of the year recorded the lowest level registered since it began in 2008, during the global financial crisis

From a statement issued by the Chamber of Commerce in Costa Rica:

The Business Confidence Index Sector (ICSC), collated by the Chamber of Commerce of Costa Rica, for the second quarter of 2015 stood at 79 points, which is the lowest value recorded since this quarterly measurement was first made (2008).

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With this result, trade has seen five consecutive quarters of not surpassing the minimum confidence threshold of 100 points. For purposes of the ICSC, results of less than 100 indicate distrust. The margin of error is + 3 percentage points and a confidence level of 95%.


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