The Caribbean region’s economy continued to decelerate in the third quarter, with annual declines in several economic indicators primarily due to weakening demand and the lingering statistical effect of a high comparison base. In terms of activity, industrial production contracted, hindered by…
Regional Economic Bulletin
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The economy in the Northwestern region slowed sharply in the third quarter of 2023. Higher interest rates, persistent inflation, and uncertainty contributed to the weakening of aggregate demand. On the one hand, industry and commerce experienced their most significant falls since the beginning…
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In the third quarter of 2023, economic activity in the Coffee Region continued to decline annually, given the persistent weakness of demand due to high prices, high interest rates, and reduced spending capacity. Industrial production and sales decreased, as well as in vehicle and…
