Costa Rica: Economic activity decelerates in November
Latest reading: Economic activity rose 4.1% in annual terms in November, following 5.4% growth in the prior month.
Relative to the previous month’s data, readings in November worsened for agriculture, forestry and fishing (-2.7% in annual terms vs +0.7% in October), manufacturing (+6.4% vs +11.0% in October), information and communication (+3.5% vs +4.5% in October) and the construction sector (+3.0% vs +4.3% in October). In contrast, the reading for domestic trade improved in November (+3.5% vs +3.2% in October).
On a seasonally adjusted month-on-month basis, economic activity rose 0.5% in November, following a 1.2% rise in the previous month.