Honduras records negative first-quarter growth of 3.3 percent

Honduras registered negative year-on-year growth of 3.3 percent in the first quarter of 2008, the government announced.

Friday, May 23, 2008

BCH, the central bank, blamed the rise in world fuel prices, an absence of dynamism in the manufacturing sector, high inflation and the increased costs of raw materials for construction.

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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.

Costa Rica's Economy Losing Strength

November 2011

Industry, trade and agriculture, which together make up half the country's GDP, are showing signs of slow-down, which in turn will impact growth targets for 2011 and 2012.

Costa Rica's economic activity indicator for August displayed an increase of 4.2% for trade, lower than in previous months. Since last May, Industry growth has been stagnant at 3.5% relative to 2010, while the agricultural sector has started to fall.

Guatemala Revises GDP Growth Downward

February 2009

The Banguat president argues that the pace of GDP growth, estimated in the range of 3.0% to 3.5% for this year, is not sustainable.

Siglo 21 published on its website: "The official explained in a meeting with columnists and economic analysts that the reduction in demand and risk aversion among investors have begun to erode economic development.

Nicaragua's economy is very vulnerable

June 2008

High food and oil prices are moving Nicaragua toward hard times, as record high inflation and an economic slowdown make it more and more difficult to reach growth projections.

It's part of a worldwide crisis and the government recognizes that Nicaragua could be harder hit than other nations, say participants in an conference on the economy.

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