Economy
Costa Rica
BMI View: Costa Rica is falling into a stagflationary trap. Rapid monetary supply growth - coupled with deeply negative real interest rates - has stoked non-tradable inflation, and...
2008-08-20Nicaragua
Rising wage costs, high commodity prices, administrative costs ahead of regional elections and increased subsidies in 2008 have exacerbated Nicaragua's fiscal weaknesses. Fiscal...
2008-07-31Panama
Panama's economic activity cooled to 7.7% y-o-y in May from 8.3% in April, marking the second slowest rate of growth in almost two years. Economic activity weakness was largely concentrated...
2008-07-31Honduras
Honduran consumer price inflation continues to accelerate, hitting an eight-year high of 12.2% y-o-y in June. As with much of the region, Honduras is reliant on expensive fuel and...
2008-07-31Costa Rica
BMI View: Worsening terms of trade, falling confidence in the local economic outlook, an FDI contraction (by 28% y-o-y in Q108 to US$441.7mn), and central bank intervention continue...
2008-07-30El Salvador
Workers remittance inflows totalled US$1.94bn in the first six months of 2008, a 6.6% y-o-y rise from the previous year. While down from the double-digit rate seen in recent years,...
2008-07-30Guatemala
BMI View: In line with policymakers across the Latin American region, Guatemala's central bank, Banguat , raised the country's benchmark interest rate by 50bps in July to 7.25%....
2008-07-30Honduras
BMI View: Despite sizeable US headwinds and an increasingly expensive import bill, we expect Honduras to rack up a ninth consecutive year of economic expansion in 2008, with real...
2008-07-29
