Economy
El Salvador
In April, El Salvador reported 0.0% year-on-year (y-o-y) consumer price inflation. While this continued a trend of low prices seen since H212, we note that with continued sluggish growth...
2013-06-03Costa Rica
Costa Rica's foreign reserves have jumped in recent months to reach US$8.1bn in May. While we expected that upside pressures on the exchange rate would force the central bank to continue...
2013-06-03Nicaragua
After Nicaragua ended 2012 with total public debt of US$5.4bn (51.5% of GDP), a little under our 52.8% of GDP estimate, we have revised down our 2013 forecast to 50.4% of GDP. This...
2013-06-03Honduras
We maintain our view that countervailing pressures from a deteriorating balance of payments position and sluggish domestic demand will keep Honduran monetary policy on hold...
2013-06-03Guatemala
Guatemala's economic activity indicator recorded average growth of 3.5% year-on-year in the first three months of 2013. This is in line with our forecast that while weak exports will...
2013-06-03Panama
In Q113, Panama's public non-financial sector recorded a fiscal deficit equivalent to 2.3% of GDP, a sharp increase from the 1.4% shortfall in Q112. This came as expenditures expanded,...
2013-05-31Nicaragua
Nicaragua reported remittance growth of 11.3% in 2012, one of the highest in the region, largely on the back of a 37.4% increase in inflows from Costa Rica. Indeed, Costa Rica is now...
2013-05-06Honduras
Honduras' foreign reserves rallied briefly in March, jumping to US$3.0bn from US$2.4bn the month prior, likely on the back of the country's first international debt issuance. However...
2013-05-06
