Tuesday 28 September 2021

Costa Rica Economy Continues to Lose Momentum

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000020164860SmQCOSTARICA – In February, the annual growth rate of economic activity was 2.2%, making this the tenth consecutive month of slowdown.

From a statement issued by the Central Bank of Costa Rica (BCCR):

In the first two months of 2015 the country’s production, measured by the cycle trend of the Monthly Index of Economic Activity, grew by 2.4% (3.5% in the same two months in 2014). The annual rate in February was 2.2% (3.7% in February-14).

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This result was led mainly by the performance of service industries and to a lesser extent, construction and manufacturing.

Read here the full report (in Spanish).

Source: Centralamericandata.com, bccr.fi.cr

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