Guatemala: Level of confidence in the economy falls 68.1%
The Confidence index (from Banguat) which measures the perception of the economy and the business environment fell 68.1% in 12 months.
Tuesday, December 2, 2008
The monthly index, prepared by surveying a panel of private analysts who were hired by Banguat. when from 50 in November 2007 to 15.91 last month, which adds up to a 68.1% in a year.
A survey carried out by CID-Gallup on the perceptions of Central Americans regarding the direction of their countries shows pessimism in Guatemala, Costa Rica, El Salvador, and Honduras.
In July the MIEA increased by 2.8%, down from 3.19% registered in the same period of 2012.
According tot he Latin Barometer Report, the perception by people is that is it is possible: 31% in El Salvador, 33% in Costa Rica, in Nicaragua 34%, Honduras 35%, Panama 41%, and Guatemala 44%.
Inflationary pressures, increases in the exchange rate, credit restrictions and higher energy prices are a few of the causes.
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