Oscar E. Mendizábal, editor of the Blog “Desde Guate” (From Guatemala), gathers and analyses the main factors influencing the Central American economy (except Panama) during the first six months of this year.

His analysis indicates that, “according to the key indicators, there is evidence that the adverse trends that hit the world economy, and in particular Central American countries, are beginning to subside.” Though, of course, the pace varies by country.

Regarding the outlook for the rest of the year, Mendizábal comments: “Taking into account the recent macroeconomic change, which suggests that the effects of the crisis have begun to recede, little by little optimism is reappearing in regional growth forecasts.” According to the most recent predictions from the Central American Monetary Council (CMCA), which comprises the presidents of the region’s central banks, the economic recovery will yield regional growth of 2.5% by the close of 2010 and inflationary pressures will remain under control.

Source: desdeguate.blogspot.com

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