Back

LatinNews Regional Monitor: Caribbean & Central America - 14 May 2020

In brief: First signs of pandemic impact on Costa Rica’s economic activity

* Costa Rica’s central bank (BCCR) has published its latest monthly economic activity index (Imae), which showed a 0.5% increase year-on-year in March, down from a 2.7% year-on-year increase in February - the first signs of the impact of the coronavirus (Covid-19) pandemic on the economy. The BCCR is forecasting a 3.6% contraction in GDP for 2020, the second biggest contraction (after the -7.3% growth registered in 1982) since 1950, when official statistics began.

End of preview - This article contains approximately 77 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.