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Costa Rica's economy is heading for slow but steady growth in the coming year

Thursday, December 29, 2011


Costa Rica's economy is heading for slow growth in 2012. The forecast is for a 4 percent increase in the domestic product.

The main reasons for the modest increase are the slowdown in consumer spending and trade, as well as reduced investment as a result of higher taxes.

If matters get worse in Europe and the United States, Costa Rica could be hit particularly hard by reductions in exports and tourism arrivals.



Original source (in Spanish): La República