Costa Rican economy grows 3.5 pct in fourth quarter

jueves 31 de marzo de 2016 23:11 GYT

SAN JOSE, March 31 (Reuters) - Costa Rica's economy grew 3.5 percent in the last quarter of 2015 compared with the same period in the prior year, the central bank said on Thursday.

Private consumption increased at a time of low inflation in the Central American country, boosting its overall economy.

The central bank expects strong domestic demand and a recovery in manufacturing activity to boost gross domestic product (GDP) growth to 4.2 percent this year and 4.5 percent in 2017, from growth of just 2.8 percent last year. (Reporting by Enrique Andrés Pretel; Editing by Savio D'Souza)