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.
Inflationary pressures, increases in the exchange rate, credit restrictions and higher energy prices are a few of the causes.
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.
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%.
In July the MIEA increased by 2.8%, down from 3.19% registered in the same period of 2012.
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