Salvadoran economy, slow but still sure

It all depends from which perspective you are observing. The same can be said of the economic balance of the Salvadoran market for the first semester of 2008.

Monday, September 1, 2008


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While some sectors are warning that the situation has all the symptoms of the preamble to a strong slow-down in production activities, other voices are of the opinion that they have weathered the storm and that the effects are not as bad as feared.
Santiago Ruiz, president of the College of Economic Sciences Professionals (Colproce) is of the personal opinion that during this first semester, the economic has been in crisis and this has kept them at a standstill.

More on this topic

Panama: Inflation will surpass 10%

October 2008

Despite the high inflation, the country is still projecting high growth, unlike other countries.

The Ministry of the Economy and Finance (MEF) has revised the increase of two of its key macroeconomic projections: the Gross Domestic Product (GDP) and the Consumer Price Index (CPI).

Costa Rica's Economy Grows by 7%

July 2012

Driven by exports from free zones and stable prices, the country's growth has exceeded all expectations.

The main exports were from the electronics industry, represented mainly by Intel. Foreign sales from this sector increased by 43% in the first 6 months of 2012 compared with the same period last year, and contributed more than 25% to the total export growth.

Prospects for Nicaragua's Economy

August 2014

The Central Bank has cut its growth forecast for GDP for the year to 4% - 4.5% and expects inflation to be between 6.55% and 7.5%, higher than initially expected.

From the executive summary of the report "State of the Economy and Prospects, First Semester 2014":

At the end of the first half of the year, the Nicaraguan economy is maintaining positive growth rate, mainly driven by external demand and improved terms of trade.

El Salvador cuts estimate of economic growth

May 2008

El Salvador's Economic Cabinet announced that its projection for economic growth this year has been reduced from 4.5 to 4 percent.

The new estimate is in line with those of the Economic Commission for Latin America and the Caribbean and Fitch Ratings. But the International Monetary Fund takes a gloomier view: it predicts 3 percent growth in El Salvador this year.

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