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Costa Rica's consumer confidence tumbles

Thursday, August 28, 2014


 

Costa Rica's consumer confidence index has dropped three points in six months, Costa Rican daily La República reported.

Although consumer confidence usually drops at the beginning of a president's term in office, the figure is the steepest drop from the past three terms, according to a University of Costa Rica survey.

Costa Ricans' expectations about President Luis Guillermo Solís dropped due to uncertainty about the country's economy and fears that interest rates will rise, along with a rise in unemployment.

Full story (in Spanish)