Costa Rica : 2017 Article IV Consultation-Press Release; and Staff Report.

This 2017 Article IV Consultation highlights the growth of Costa Rica's economy at its estimated trend rate of about 4.25 percent and an essentially closed output gap. Headline inflation turned positive again in the second half of 2016 and is rising moderately, with both headline and core indic...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund. Western Hemisphere Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Staff Country Reports; Country Report ; No. 2017/156
Online Access:Full text available on IMF
Description
Summary:This 2017 Article IV Consultation highlights the growth of Costa Rica's economy at its estimated trend rate of about 4.25 percent and an essentially closed output gap. Headline inflation turned positive again in the second half of 2016 and is rising moderately, with both headline and core indicators still below the 2-4 percent target range. The colon has been depreciating moderately since mid-2016, while reserves have declined despite the narrowing in the current account deficit. In 2017, growth is anticipated to slow marginally to 4 percent, driven by weaker terms of trade and more stringent financial conditions.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (81 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students