Honduras: Economic Expectations up to April 2019

During the fourth month of the year, GDP growth at the end of 2019 was forecast at 3.6%, and by 2020 the variation is expected to be 3.9%.

Monday, May 20, 2019

From the Central Bank of Honduras report:

According to those surveyed, in April 2019 the year-on-year inflation would reach 4.24% and by the end of the year are expected to be at 4.52% (4.56% in the survey of the previous month). In a 12-month panorama (April 2020) the year on year inflation is estimated to be at 4.57% and to December of the same year at 4.84%; results that are within the tolerance range established in the Monetary Program 2019-2020 (4.0% ± 1.0 percentage point).

Regarding the Gross Domestic Product (GDP), the informants project for the first and second quarter of 2019 a quarterly variation of 0.9% and 1.1%, respectively, higher forecasts to the indicated in the survey of the previous month (0.8% and 0.9%, in that order).

In April 2019, the Confidence Index of Economic Activity was 65.6 points (65.0 in the previous month), where 49.2% is explained by the result of the confidence index of current economic activity and 50.8% by future activity (46.2% and 53.8% in the previous month, respectively).

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More on this topic

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%.

Honduras: Economic Expectations up to May 2019

June 2019

During the fifth month of the year it was forecast that the Confidence Index of Economic Activity was higher than the one reported in April, where 47% is explained by the result of the current confidence index and 53% by future activity.

From the Central Bank of Honduras report:

Honduras: Economic Outlook up to March 2019

April 2019

During the third month of the year, it was forecast that GDP growth at the end of 2019 will be at 3.9%, and by 2020 the variation is expected to be 4.1%.

In March 2019, the Index of Confidence in Economic Activity was 65% (63.5%), where 46.2% is because of the result of current economic activity and 53.8% because of future activity (46% and 54% in the previous month, respectively), reported the Central Bank of Honduras (BCH).

Honduras: Economic Expectations for February – 2019

March 2019

During the second month of the year, GDP growth at the end of 2019 was forecast at 3.8%, and by 2020 the variation is expected to be 4.2%.

In February 2019, the Index of Confidence in Economic Activity was 63.5 points (63.1 in the previous month), where 46% is explained by the result of current economic activity and 54% by future activity, explains the Central Bank of Honduras.

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