Tuesday, April 16, 2024

Logo Central America Link

Costa Rican economy grows by more than 4 percent in September. Central bank reports growth in 26 consecutive months

Tuesday, November 15, 2011

Costa Rica’s economy grew 4.13 percent in September, compared to the same month last year.

The economy has grown at least 4 percent in five of the last six months and has not recorded a negative growth figure since July 2009.

Economic improvement in September was driven by a 16 percent increase in investment in the national service sector, which includes call centers and back-office operations. The transportation, storage and communications sectors also recorded earnings of 7.3 percent more than Sept. 2010. Trade, construction and industrial sectors also recorded growth.

Original source: The Tico Times