Economy

We are starting to grow increasingly sceptical as to whether the local economy will be able to mount a swift or meaningful recovery in H209-H110. The country suffered its ninth consecutive... 2009-07-31

We have revised Guatemala's full-year trade projections in 2009, and now expect the trade deficit to come in at just US$4.4bn from US$5.3bn previously. Exports have proven relatively... 2009-07-31

The alarming political events in Honduras, and the likely impact on fixed investment a public spending, have convinced us to revise down our real GDP growth assumptions for 2009.... 2009-07-31

Nicaraguan inflation has fallen off a cliff in recent months. Headline consumer price growth tanked to just 2.0% y-o-y in June, down from 12.5% in January and 24.0% at the peak back... 2009-07-31

Economic activity in Panama fell by a seasonally-adjusted 1.8% y-o-y in May, down from 8.8% growth a year earlier, suggesting that the country is still feeling the shock of global... 2009-07-31

BMI View: While we acknowledge that Guatemala more than holds its own in terms of the classic credit metrics, we believe that its sovereign rating will be restrained by the country's... 2009-07-30

BMI View: Headline inflation looks set to fall into negative year-on-year territory in Q309, as base effects and weak consumer sentiment take the sting out of consumer prices. Should... 2009-07-27

Costa Rica's merchandise trade deficit shrank by 66.3% y-o-y to US$0.8bn in the first five months of the year, driven by a massive 33.6% collapse in imports to US$4.3bn (significantly... 2009-07-06

El Salvadoran trade continued to feel the pain of global recessionary forces in May, with exports and imports down by a respective 20.4% and 35.0% y-o-y. However, as we have seen... 2009-07-06

According to the country's central bank, Banguat, economic activity fell by 0.2% y-o-y in April, the third contraction in four months. Indeed, were it not for the seasonal impact... 2009-07-06