July 22, 2019 / 11:39 PM / a month ago

Costa Rica central bank lowers growth projections for 2019, 2020

SAN JOSE (Reuters) - The Costa Rican central bank on Monday lowered its 2019 economic growth projection to 2.2% from 3.2%, citing weak global growth, adverse climatic shocks and declining prices for key agricultural exports, among other factors.

The central bank also lowered its 2020 economic growth outlook to 2.6% from 3.0%.

Reporting by Alvaro Murillo; Writing by Julia Love; Editing by Anthony Esposito

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