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Citigroup cuts Costa Rica's 2014 growth forecast

Thursday, April 10, 2014

Citigroup Costa Rica’s growth forecast after Bank of America and Intel said they would fire 3,000 workers in the country.

Citi cut its growth forecast for Costa Rica’s 2014 gross domestic product to 3.1 percent from 3.5 percent.

The 2015 forecast was lowered to 2.2 percent from 4 percent.

Source: Bloomberg