SECMCA: Regional Economic Report, August 2009

Inflation, Economic Growth, Trade, Fiscal Sector and the Monetary Sector.

Monday, September 28, 2009

Regional inflation has considerably decelerated in the past quarters, as a result of the application of a series of prudent monetary policy measures, and some exogenous factors related to the abrupt deceleration of the global economy.
However, after overcoming the worst phase of demand reduction and now witnessing signs of economic recovery, there is upwards pressure, fueled by increases in the international price of commodities, inflation imported from trade partners, and a reduction of liquidity in domestic markets.



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SECMCA's Monthly Report: 2nd Quarter of 2010

July 2010

Inflation deceleration and Risks to economic recovery.

The quarterly report from the Executive Secretary of the Central American Monetary Council (SECMCA) focuses on the region's inflation and recovery prospects.

Inflation, measured by year-on-year change in consumer prices, slowed in the second quarter of 2010 to 4.9%, compared to 2.9% in June 2009. This level is within the target limits set by the region's central banks.

SECMCA - Situation Report - September 2009

October 2009

One year after the fall of Lehman Brothers, SECMCA analyzes the international situation, and Central America's perspectives and current situation.

Production continues to fall, as evidenced by the Central American Monthly Economic Activity Index, confirming a process started on the last trimester of 2008. June's variation was -1.9% when compared to the same month of the previous year.

February 2009: SECMCA Joint Report

February 2009

Inflation is declining and economic growth is decelerating - Analysis of the Executive Secretary of the Central American Monetary Counsel.

The excessive volatility in the financial markets and the low investor and consumer confidence levels are omens that the crisis is going to last, which is being translated into lower levels of consumption and investment and high unemployment rates in the most developed countries.

Central America's economy slowing

July 2008

Economic growth is slowing down in Central America, but economic activity is still positive in spite of the slowdown in the United States, says the Central American Monetary Board in its June report.

The numbers from the board's Monthly Economic Activity Index for the firs three months of this year show a process of deceleration in both short- and long-term trends and a downturn in the business cycle.

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