Economy

BMI View: Honduras' index of economic activity (IMAE) registered another month of solid growth, rising by 3.9% y-o-y following increases of 7.4% and 3.7% in November and December,... 2011-05-10

BMI View: While demand-pull price pressures are likely to remain fairly benign in Guatemala over the coming quarters, we expect cost-push factors stemming from rising global commodity... 2011-05-09

BMI View: Industrial production in Nicaragua increased by 6.6% y-o-y in February, coming in at 10.0% on a 12 month-moving-average basis, the highest level experienced since 2001. While... 2011-05-09

BMI View: The average bank lending rate in El Salvador came in at 6.4% in March, the lowest level since November 2004. With monetary policy in the US set to remain very loose throughout... 2011-05-09

BMI View: While accurate unemployment data for Panama is thin on the ground, we believe that the country's rapid pace of economic expansion will lead to a steady decline in the headline... 2011-05-09

BMI View: We expect El Salvador's economic recovery to continue steadily over the coming years, although growth will be unimpressive at 2.3% in 2011 and 2.5% in 2012, from 1.4% in... 2011-05-09

The recent fall in commodity prices may help Costa Rica to slow the expansion of its widening current account deficit, should the slump remain sustained. Whilst growth and domestic... 2011-05-09

The Costa Rican tourist board reported a 7.8% rise in international tourists for Q111, an increase of 49,000 visitors. Tourism is a major contributor to the Costa Rican economy, contributing... 2011-05-06

China is ramping up its presence in Central America, despite many regional economies maintaining ties with Taiwan. The capital that will be provided through both its fixed and portfolio... 2011-05-04

Costa Rica's balance of payments accounts should remain on a stable footing over the next few years, despite our view that GDP growth rates are set to moderate. Although the country's... 2011-05-03