Dominican Republic: Business Expectations up to March

During the first quarter of 2019, of the total number of companies surveyed in the manufacturing sector, 24% stated that their level of production increased, while 44% indicated that no changes were made.

Friday, June 28, 2019

The "Quarterly Survey of Business Opinion to the Manufacturing Sector", prepared by the Central Bank of the Dominican Republic, states that 33% of companies assured that their production level was lower than the previous quarter.

When comparing the level of production with respect to the same quarter of the previous year, the indicator showed a balance of 5.2. Both indicators presented balances lower than those observed the previous quarter, but higher than those thrown in the quarter January - March 2018.

For the quarter January - March 2019, the domestic demand of the manufacturing sector decreased with respect to the previous quarter, this is evidenced in the balance of opinion of -10.0 shown by the indicator. This result is lower than the 14.2 balance recorded in the previous quarter; however, it is 8.5 points higher than the same quarter last year.

Sales prices of the main products of companies in the manufacturing sector increased in the January - March 2019 quarter compared to the previous quarter. In this sense, the indicator that measures this variable yielded a balance of 11.7. This balance is greater than the observed the previous quarter; however, it is higher than the same quarter of 2018. Despite the behavior of this indicator, it is observed that of the companies surveyed, 79.6% said that the prices of their main products did not change

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Honduras: Low Economic Outlook

July 2019

During June, the Confidence Index of Economic Activity registered a 13% decrease with respect to May, where 49% is due to the result of the current confidence index and 51% to future activity.

From the Central Bank of Honduras report:

In the opinion of the people consulted, in June 2019, the year-on-year inflation would be at 5.12% and for the closing of 2019 it would be 5.03% (4.84% in the survey of the previous month); meanwhile, it is estimated that for June 2020 (within 12 months) it would be at 5.00% and to December of the same year would reach 5.04%.

Best Business Outlook for the 2nd Quarter

April 2019

In Costa Rica, between the first and second quarter of the year, the Global Expectations Index reported a 5% increase, explained by an improvement in the prospects of almost all productive sectors.

From the total number of businessmen who replied to the survey, approximately 70% do not anticipate changes in the hiring of labor, 13% expect increases and 17% expect reductions, according to the report prepared by the University of Costa Rica.

Guatemala: No Rebound in Economic Expectations

March 2018

Following the downward trend registered since last year, in February 2018 the Confidence Index of Economic Activity fell by 38% compared to the same month in 2017.

According to the survey carried out by Banco de Guatemala, an inflationary rhythm of 4.7% is forecast for February, 4.6% for March and 4.6% for April 2018. As for December 2018 and 2019, the Panel foresees an inflationary rhythm of 4.6% and 4.7%, in that order.  In addition, in a forecast for 12 and 24 months (February 2019 and February 2020) the Panel foresees an inflationary rhythm of 4.67% and 4.56%, respectively.

Guatemala: Economic Expectations Continue to Decline

February 2018

As of January 2018, the Confidence Index of Economic Activity fell 31% with respect to the same month in 2017, reinforcing the downward trend registered since last year.

During the first month of the year, economic expectations varied compared to those collected in December 2017, as 2018 is expected to close with an inflationary rhythm of 4.9% (last December the expectation stood at 4.5%) and with the Real Gross Domestic Product registering growth of 3.1% (in the last month of 2017 an increase was estimated for 2018 of 3.2%). 

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