Economy

Honduran inflation continued to creep lower in June, easing to a two-and-a-half year nadir of 5.4% y-o-y. We would expect to see a slight uptick in July's month-on-month data, as... 2009-07-06

On 23 June, President Daniel Ortega sent a proposal to congress to reduce the current budgeted expenditure by US$40.0mn, based on a forecast fall in total government revenue of US$127.6mn.... 2009-07-06

Consumer price inflation in urban areas fell to 28-month low of 2.5% y-o-y in May. On a month-on-month basis, the index fell for the first time in four months, to the tune of 0.3%... 2009-07-06

BMI View: Until the fall in remittances starts to stabilise, it is extremely unlikely that the El Salvadoran consumer will be able to mount a meaningful recovery, such is the importance... 2009-07-01

BMI View: Heavily dependent on US demand and capital inflows, Central America's benchmark economies will not only lag their Southern peers on the recovery trail, but will also settle... 2009-06-25

BMI View: The media frenzy surrounding President Álvaro Colom's alleged links to the murder of a Guatemalan lawyer has undoubtedly hurt the country's political risk profile - not... 2009-06-23

BMI View: Positive first quarter GDP growth data lent weight to our view that canal-related activity would prevent a contraction of the Panamanian economy in 2009. That said, with... 2009-06-19

BMI View: The permanent cancellation of US aid to Nicaragua will not only exacerbate the country's deepening fiscal deficit, but is also a further signal of President Daniel Ortega's... 2009-06-12

Honduras's merchandise trade deficit registered a 23.7% y-o-y improvement in the first quarter of 2009, coming in at US$0.93bn (from US$1.22bn in Q108). The main reason for this narrowing... 2009-06-03

M1 money supply, which consists of most liquid forms of money and demand deposits, contracted by 4.3% y-o-y in May, the fourth consecutive month of year-on-year declines. M2, on... 2009-06-03