Trade Balance in Costa Rica
Costa Rica - Trade BalanceThe economy appears set for a modest second quarter. Consumer confidence fell further into pessimistic territory in May, suggesting private spending will prove lackluster in the quarter. Moreover, merchandise exports barely eked out growth in April while imports plummeted, indicating gloomy domestic demand. On a brighter note, electricity generation, most of which comes from hydropower, hit a record high in May despite the prolonged dry spell caused by the El Niño effect that has hampered the agricultural sector this year. This all comes after limp annual economic activity growth in Q1—barely changed from Q4—due to a struggling agricultural sector. Nevertheless, the unemployment rate ticked down in Q1 from the previous quarter, while the government’s fiscal deficit was stable compared to the same quarter a year earlier.
Costa Rica - Trade Balance Data
|Trade Balance (USD billion)||-6.4||-6.4||-5.5||-5.4||-5.3|
5 years of economic forecasts for more than 30 economic indicators.
Costa Rica Trade Balance Chart
Source: Costa Rica Central Bank and Met the why particular calculations.
Costa Rica Facts
|Exchange Rate||585.8||-0.57 %||Jun 13|
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June 3, 2019
Consumer prices rose 0.14% in May compared to the previous month, down from April’s 0.56% increase.
May 11, 2019
Annual economic growth in cyclically-adjusted terms was unchanged in March from February’s revised 1.9% reading (previously reported: +1.7% year-on-year), according to the monthly index of economic activity published by the Central Bank of Costa Rica.
May 8, 2019
Consumer prices rose 0.56% in April compared to the previous month, contrasting the 0.14% fall in March.
Costa Rica: Dry weather holds back economy in February as agriculture output drops for fifth month running
April 11, 2019
Annual economic growth in cyclically-adjusted terms was unchanged in February from January’s revised 1.7% reading (previously reported: +1.6% year-on-year), according to the monthly index of economic activity published by the Central Bank of Costa Rica.
April 5, 2019
Consumer prices fell 0.14% in March compared to the previous month, contrasting the 0.08% increase in February.