Honduras

Honduras' index of economic activity increased by 3.7% y-o-y in December, after registering growth of 7.4% y-o-y in November and 4.8% y-o-y in October.

Despite the burgeoning threat of inflation we continue to expect the Banco Central de Honduras to maintain a dovish monetary policy stance in 2011 due to concerns over the country's... 2011-03-28

Consumer price nflation remains relatively well-contained, coming in at 6.4% y-o-y in February, with food price inflation actually falling by 0.1% on a month-on-month basis.

BMI View: We expect political risks in Central America to rise over the next 12 months, as electoral uncertainty aggravates existing tensions caused by gaping social divisions and... 2011-02-22

The approval by the Honduran congress of a constitutional amendment that in theory allows a number of charter cities to be built in the country could attract considerable amounts... 2011-02-18

BMI View: Latin America's sovereign risk credentials continue to improve overall, boosted by broadly strong growth rates and high commodity prices. However, we caution that the outlook... 2011-02-09

Honduran foreign exchange reserves reached their highest ever level in January of US$2.8bn, a 35.7% increase over the same month of 2010.

Rising inflation will be a concern for economies across Latin America and the Caribbean in 2011. For some countries the main issue will be one of policy, and the maintenance of authorities'... 2011-02-01

While a more favourable external environment bodes well for Honduras' export sector, the current account is set to remain firmly in deficit over the longterm. More concerningly, FDI... 2011-01-18

BMI View: We now expect Honduran monetary policy makers to take a more dovish stance in 2011, as private sector credit is unlikely return to pre-crisis rates of growth in the foreseeable... 2010-12-30