Caribbean & Central America - February 2009 (ISSN 1741-4458)

The latest economic figures show that the economy is in recession. In December 2008, the monthly index of economic output (Imae) fell 3.4% over December 2007, its third consecutive year-on-year fall. The main reason for the contraction is the slump in manufacturing, which fell 17% year-on-year in December.

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