Guatemala: Confidence in the Economy Recovers

An improvement in the economy is anticipated in the coming months, and a larger number of analysts surveyed believe it appropriate to invest in the country.

Tuesday, September 29, 2015

From the Survey on Economic Expectations with a Panel of Private Analysts at the Banguat:

The panel forecast an inflation rate of 2.50% for September, 2.61% for October and 2.67% for November 2015. As for December 2015 and 2016, the Panel expects an inflation rate of 2.99% and 3.56%, in that order. In addition, for a horizon of 12 to 24 months (September 2016 and September 2017) the panel predicts an inflation rate of 3.06% and 3.40%, respectively.

When comparing the results referred to those obtained in the previous month, it was noted that the expectation of the inflation rate for the end of 2015 decreased by 0.19 percentage points (3.18% in the previous survey) and December 2016 recorded an increase of 0.03 percentage points (3.53 % in the previous survey).

Ver reporte completo. (en español).



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In October of this year the Index of Confidence in Economic Activity in Guatemala reported an 18% growth with respect to the same month in 2018, reinforcing the upward trend that has been registered since July 2019.

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In Costa Rica, the Central Bank predicted that confidence would again prevail among businessmen and consumers once the tax reform was approved, but that has not been the case.

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An editorial in Prensalibre.com clearly reviews the reasons that "in just 20 months indicators relating to entrepreneurs confidence in investing have gone from 80.77 % to 36.11% ."

Costa Rica: Investment Confidence Index Drops

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According to the first quarterly survey of 2009 conducted by the Central Bank, 81.8% of respondents said that this is a bad time to invest.

The survey was conducted between January 28 and February 11 among consultants, entrepreneurs, and financial and stock analysts and showed a higher percentage than the 79.4% observed during the previous quarter.

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