Macroeconomic Forecast Costa Rica

January 2007 | Macroeconomic Forecasts

BMI View: Surging oil and capital goods imports have forced a change in our trade balance estimates. For 2007, we had estimated a US$3.0bn deficit, which looked good until back-to-back 20% y-o-y increases in imports in October and November, resulting in a US$900mn widening.

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