Costa Rica’s IMAE rose 3.4% MoM in April, rebounding from March’s drop and reaching a record high. Manufacturing and construction led gains. YoY growth reached 3.5% in April and 4.3% for 4M25. Debt fell below 60% of GDP, aided by years of strong growth. BCCR cut its 2025 growth forecast to 3.6%, while the IMF projects 3.4%.