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Nicaraguan Economy Grows at 7% - CentralAmericaData :: The Regional Business Portal


Nicaraguan Economy Grows at 7%
During March 2021, the Monthly Index of Economic Activity reported a year-on-year variation of 6.5%, a rise that is largely explained by the dynamism of mining and quarrying, manufacturing industry and construction.
Monday, May 24, 2021
In primary activities, growth was registered in mining and quarrying, livestock, agriculture, fishing and aquaculture, and a decrease in forestry and timber extraction, informed the Central Bank of Nicaragua (BCN).
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Data.
In the manufacturing industry, the activities of meat and fish processing, sugar, beverages, tobacco, textiles, machinery and equipment, petroleum derivatives, non-metallic products, among others, showed growth, according to the
According to the BCN, in services, growth was observed in commerce, education, public administration and defense, home ownership and health; and decreases in hotels and restaurants, financial intermediation and related services, ....

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Guatemalan Economy Grows at the Beginning of 2021 - CentralAmericaData :: The Regional Business Portal


Guatemalan Economy Grows at the Beginning of 2021
During January of this year, the Monthly Index of Economic Activity reported a 3.2% increase compared to the level reported in the same month of 2020.
Thursday, March 4, 2021
The Guatemalan economy continues to show positive signs, since after facing a crisis during 2020 due to the covid-19 outbreak, economic activity has recovered quickly in recent months.
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The Bank of Guatemala s report details that
. the economic activity measured by the IMAE estimate in January 2021, registered a 3.2% variation rate (4.7% in January 2020).
Such result was mainly influenced by the growth in the activities of: Trade and repair of vehicles; Agriculture, livestock, forestry and fishing; Manufacturing industries; Real estate activities; Information and communications; and, Human health care and social assistance activities. ....

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Economy in 2021: How to Accelerate Recovery? - CentralAmericaData :: The Regional Business Portal


Economy in 2021: How to Accelerate Recovery?
Strengthening the confidence of economic agents through a solution to the problem of public finances and moving forward with the process of vaccinating the population are key factors for the Costa Rican economy to recover quickly in the new year.
Monday, January 4, 2021
The spread of covid-19 and the restrictions imposed at the local and global levels severely affected most of Costa Rica s productive sectors, to the extent that the unemployment rate climbed to historical levels, several businesses were closed and economic activity fell sharply.
Despite that from the second half of 2020 authorities began to remove restrictions on economic activities, the economic recovery process has been full of ups and downs, a situation that produces uncertainty. ....

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