Honduras: Economic Situation - June 2015

In the first half of the yer, economic activity grew by 3.6% over the same period in 2014, driven in part by the 9% increase in credit to the private sector.

Thursday, August 27, 2015

From a statement issued by Banco Central de Honduras:

The Central Bank of Honduras (BCH) presents the "Performance of the Honduran economy for the first half of 2015," which details the most important economic events that occurred in that period. The world economy continues to show moderate growth, with a stronger recovery in advanced economies like the United States (2.3%) and the Eurozone (1.2%); facing a slowdown in growth in emerging market and developing countries, including China (1.7%).

The IMF forecasts in the report "World Economic Outlook" published in July 2015, is that the world economy will grow by 3.3% in 2015 and 3.8% next year. The performance of the Honduran economy, as measured by the original series of the Monthly Economic Activity Index, presented a favorable performance in the first half of 2015, associated with higher domestic and external demand; in such that domestic production of goods and services showed a variation of 3.6%. Also, the variation of the Consumer Price Index for June 2015 was 3.62%, 6.23% lower than the same month last year.

Read full report (in spanish).

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