Regional Economy: Inflation is the main concern in 2008

The volatility in the price of raw materials impacted all the countries in the region during the first semester of 2008.

Wednesday, October 15, 2008

This is one of the main conclusions presented in the latest regional economic report published by the Executive Secretariat of the Central American Monetary Council, corresponding to the first semester of 2008.

The report indicates that several economies in the region have experiences double digit inflation, however it points out that macroeconomic authorities continue to be committed to monetary policy measures that minimize the shock effect of international prices and to fiscal policy measures that limit public spending in order to not add pressure to the aggregate demand.

This way, the fiscal result continue to be positive for most of the region's economies and has allowed for an improvement of the public debt profile.

The rate of economic growth continue to be noteworthy, from total exports to the dynamism of the internal demand, despite the economic slowdown in the United States and the international financial turbulence.



Market Intelligence

Everything about exports and imports in Central America.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Regional Economic Report 2015

October 2015

Update on the economy of a region which in its entirety is the seventh largest economy in Latin America and the Caribbean.

From the Executive summary of the Regional Economic Report 2015 published by the Secretariat of Central American Economic Integration (SIECA):

In 2014 the world stage was conditioned by geopolitical tensions which heightened phenomena such as the fall in oil prices and fluctuations in supply and demand in international markets. The world economy grew by 3.4% in 2014, reflecting a rebound in advanced economies and a slowdown in developing economies, but emerging markets still accounted for 3/4 of global growth.

Central American Economic Situation

June 2013

The Central American Economic Integration Secretariat has provided a summary and analysis of the main facts of the macroeconomic situation of Central America.

Synopsis

The macroeconomic situation in Central America in 2012 was characterized by a slowdown in the pace of economic activity, observing a GDP growth of 3.5%.

Central American Economy in First 6 Months of 2010

July 2010

Monthly Index of Economic Activity (IMAE), exports, remittances, international reserves, exchange rates, inflation, tax collection, banking system, foreign investment, tourism and outlooks.

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.

Costa Rica's colón 'at realistic level'

April 2008

The Costa Rican colón may have appreciated in value, but the nation's exports remain competitive, says the IMF.

A Fund report indicates that the colón's exchange rate is close to its real level, as measured by export performance.
Terms of trade remain favorable and are expected to remain consistent with the advance of the economy, according to the report.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Nov 17)
Dow Jones
-0.43%
S&P 500
-0.26%
Nasdaq
-0.15%

Commodities

(Nov 17)
Brent Crude Oil
62.550
Coffee "C"
127.15
Gold
1,294
Silver
17.305