Costa Rica: Economic activity growth gains momentum in November
Latest reading: Economic activity expanded 4.6% year on year in November (October: +4.3% yoy). Looking at the details of the release, the manufacturing sector gathered steam. That said, the agriculture, forestry and fishing sector shrank in November.
Meanwhile, annual average of economic activity was unchanged coming in at October’s 4.2% in November. On a seasonally adjusted monthly basis, economic activity rebounded notably, rising 2.1% in November (October: -0.4% mom), the best result since July 2022.