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Guatemala

BMI View: Inflation came in within Banguat's target 5.0-7.0% band in 2006, at 5.79%. Although it was the lowest outturn since 2000, it was also a major rise from the low of 3.85%... 2007-02-02


Costa Rica

Our forecast for Costa Rican exports in 2006 turned out to be precisely on target, at US$8.22bn. Imports in 2006 came in slightly lower than we had anticipated (US$11.52bn, versus... 2007-02-01


Nicaragua

BMI View: With more than US$100mn in debt payments coming due in February, President Daniel Ortega's government is concerned about Nicaragua's debt load. While more external debt... 2007-01-30


Nicaragua

The Banco Central de Nicaragua (BCN) has done an admirable job of conducting monetary policy over the past few years, following a banking crisis. The big question now is how policy... 2007-01-18


Honduras

BMI View: With solid economic growth and fiscal consolidation anticipated over the next few years, Honduras' debt servicing outlook is sound.

2007-01-15

El Salvador

BMI View: The country's external accounts appeared to have come in near our projections in 2006. We had forecast a trade deficit of US$3.60bn, but with an accumulated shortfall... 2007-01-15


Costa Rica

BMI View: The IMF's most recent assessment of the Costa Rican economy is upbeat, but highlights the need for continued fiscal reforms.

2007-01-15

Nicaragua

BMI View: Nicaragua's foreign reserves may have exceeded our US$700mn estimate at end-2006. As of October, the country's international reserves excluding gold amounted to US$800mn,... 2007-01-12


Costa Rica

BMI View: Costa Rican economic activity, as measured by the IMAE indicator (a close proxy of GDP), increased by 7.9% y-o-y in the first three quarters of 2006, in a continuation... 2007-01-12


Honduras

BMI View: Consumer price inflation finished 2006 at 5.29%, an uptick from the year's low of 4.46% y-o-y, which was recorded in September. This vindicated our view that inflationary... 2007-01-10

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