Economy

BMI View: Despite concerns that American holidaymakers would stay away amid a US economic slowdown, tourism flows have remain relatively robust so far in 2008. Related revenues... 2008-07-02

n line with trends witnessed across the Central American region, Honduran inflation continues to march higher, jumping by 1.8% m-o-m in May, the largest monthly increment in a decade.... 2008-07-02

BMI View: At the risk of repeating ourselves, inflation remains the number one concern in Nicaragua, and latest data show that price growth is really starting to accelerate. Headline... 2008-07-02

Following Peru and Brazil's recent sovereign upgrades into investment grade class, we are now turning our attention to the next in line. The two credits that stand out are Colombia... 2008-07-02

BMI View: The outlook for economic growth in Costa Rica is looking increasingly ominous this year and next. A deteriorating external position will mean that net exports impose... 2008-06-09

BMI View: Workers remittances rose by just 0.7% y-o-y in April, the lowest rate of growth in five years. That outturn took year-to-date expansion to 3.3% y-o-y for the first four... 2008-06-09

Headline inflation surged into double digits in April at a rate of 10.4% y-o-y. This CPI outturn represented the fastest pace in well over a decade, fording the government to launch... 2008-06-09

According to preliminary figures, foreign direct investment came in at US$816mn in 2007, roughly equivalent to a 21% y-o-y increment from the previous year. This result was encouraging,... 2008-06-09

The upward march of consumer price inflation continues to cause us considerable concern in Nicaragua. Headline prices rose by 19.3% y-o-y in April, the fifth consecutive month of... 2008-06-09

BMI View: Panama's monthly economic activity index - a rough proxy for real GDP growth - expanded by just 1.9% y-o-y in March, down from 9.7% y-o-y in February. While the bulk of... 2008-06-09