Consumption Recedes
Costa Ricans are
starting to apply the
brakes on consumption.
Several cues to this
trend are evident.
One of them is that
store sales, even they
have kept on increasing,
are doing so at a much
slower pace, according
to the Economic Activity
Monthly Index from the
Central Bank.
The business indicator
–that was increasing at
8.3 percent at the end
of last year– slowed
down to 5.7 percent in
July, according to
official information. |