Costa Rica: Economic activity decelerates in December
Latest reading: Economic activity was up 3.3% in annual terms in December, following 3.9% growth in the previous month. December’s reading was the weakest since January 2025.
Relative to the prior month’s data, readings in December worsened for manufacturing (+1.8% on a year-on-year basis vs +6.0% in November), the construction sector (+2.4% vs +3.0% in November) and domestic trade (+2.7% vs +3.7% in November). In contrast, readings picked up for agriculture, forestry and fishing (-0.6% vs -0.9% in November) and information and communication (+5.3% vs +3.8% in November).
In seasonally adjusted month-on-month terms, economic activity declined 1.7% in December, following 0.3% growth in the previous month.