Macroeconomic Forecast Honduras

March 2006 | Macroeconomic Forecasts

The Honduran coffee institute has cut its forecast for the current harvest by 10% due to a labour shortages and to losses from cold weather. Output for the 2005-2006 harvest, which ends in March-April, will be around 3.6mn 46-kg bags, with exports of around 3.5mn 46-kg bags. Sales abroad in the last harvest were 3.1mn 46-kg bags. Part of the problem is that many pickers have been going across the border to El Salvador, where wages are paid in US$, or emigrating to the

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