Back

LatinNews Daily - 20 September 2018

In brief: Nicaragua

* Nicaragua’s central bank (BCN) has published its latest monthly economic activity index (Imae) for July, which showed a -4.2% fall in activity compared with the same month in 2017. The BCN points out that this was nonetheless an improvement on the -12.0% year-on-year fall in activity registered in June. The drop in economic activity stems from the crisis caused by the government crackdown on protesters which began mid-April and which has seen three national strikes staged by the Alianza Cívica por la Justicia y la Democracia (Alianza Cívica) opposition movement - comprising students, civil-society groups, and the private sector. The BCN also published its latest trade figures which showed that Nicaragua’s exports totalled US$1.61bn in the first seven months of 2018, down from US$1.67bn in the same period in 2017. As regards export markets, the US accounted for 42.4% of the total, El Salvador 9.6%, Costa Rica 5.4%, Guatemala 4.5%, and mainland China 4%.

End of preview - This article contains approximately 164 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.