Guatemala: Modest growth anticipated for 2008

The Association for Investigation and Social Studies (ASIES) carried out a moderate study of the local economy.

Monday, August 4, 2008

ASIES analyst, Carlos Gonzalez, pointed out that the unfavorable external climate resulting from the financial crisis, and the high price of oil and food - that started in 2006 and worsened in 2007, began to affect production activities during first semester of this year.
"During the first half of 2008, productive activity slowed down, and investment, inflation and salary indicators forecast that this situation will continue throughout the year," he added.
Gonzalez also explained that the monetary and banking sectors showed stability and that exports continued to grow.



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December 2012

Indicators show a loss of dynamism in the Costa Rican economy, which fell from a year on year growth of 7.2% in February, to 2.39% in October.

The editorial in Nacion.com notes the risks posed for next year, 2013, for Costa Rica's economy, if the symptoms which have been noticed deepen, either because of global economic vicissitudes, or from lack response from the government or private economic participants.

Deterioration in El Salvador’s Economy

July 2012

The first six months of 2012 reflect poor growth levels of 1%, below the already meager 1.6% projected by the government.

From the Salvadoran Association of Industrialists (ASI):

The Salvadoran Association of Industries (ASI) presented the balance of the Salvadoran economy during the first six months of the year, demonstrating that El Salvador is the country with the lowest economic growth and the only clear decrease in the region.

Nicaraguan economy slows down

January 2009

Trade, the financial system, the fishing industry, and the manufacturing industry were four of the main economic sectors

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Cepal warns of smaller growth in Guatemalan economy

August 2008

After reaching a growth of 5.7% in 2007, the economy suffered a strong slowdown to the point where CEPAL is projecting a growth of 4.3% for 2008 and 4.0% in 2009.

The slowdown of the economy comes with an increase in inflation, which means there will be an increase in the monetary policy interest rates, and this will in turn cause the growth of the Gross Domestic Product (GDP) to shrink.

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