Economy

BMI View: While Guatemala's external accounts are looking much more stable than a few years ago, we expect the current account deficit to increase over the medium term. We are forecasting... 2011-04-28

BMI View: We project real GDP growth in Panama to come in at 6.3% in 2011 and 6.8% in 2012, from 7.5% in 2010. This means the country will be one of the fastest growing economies... 2011-04-27

BMI View: Consumer price inflation in Nicaragua fell to 7.2% y-o-y in February, from 9.2% at the end of 2010 according to the Banco Central de Nicaragua. On a month-on-month basis,... 2011-04-05

BMI View: Consumer price inflation in Panama rose to the highest level since December 2008 in February, coming in at 5.0% y-o-y, from 4.8% in January. This translates to a month-on-month... 2011-04-05

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.

Import growth continues to outpace export growth in Costa Rica, leading the goods trade deficit to widen further in February to over US$370mn.

January data shows Guatemala continued to post a goods trade deficit as export growth was outpaced by import growth.

BMI View: Costa Rica's headline real GDP growth rate of 4.2 % for 2010, slightly lower than our estimate of 4.3%, solidifies our view that the country's economic recovery is slowing.... 2011-03-29

BMI View: El Salvador remains in the economic doldrums, with December data showing the country's seasonally adjusted economic activity index remains 7.5% below 2007 highs. While the... 2011-03-28

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