Central Bank of Nicaragua - Annual Report 2006

Nicaragua's economy grew by 3.7% in 2006, despite the poor performance of the agriculture industry. Unemployment fell slightly from 5.6% in November 2005 to 5.2% a year later.

Inflation remained high at 9.45%, though this was slightly lower than in 2005. A rise in global oil prices forced the central bank to raise rates, which impacted consumption and private investment.

To read the report (available in Spanish only), click here

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