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Slower Growth but Lower Inflation in 2009

01/28/09 22:32

Costa Rica is just one of the Central American countries taking the blow caused by Economic problem of United States. Central Bank of Costa Rica expects a decline in the country's economic growth due to the effects of the slowdown in the United States. They see a 2.2 percent economic growth this year, 0.7 point lower that last year's. On the light part inflation is also expected at 9 percent much lower than last year's 14 percent.

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Tags: slow economic growth • low inflation • effects of recession •
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effects of recession Costa Rica English News Blog January Archive