During February in Honduras, the Economic Activity Confidence Index registered a 15% increase compared to that reported in January 2020.
The informants said that the main macroeconomic variables are within the current Monetary Program, highlighting the strength of the U.S. economy and its effect on Honduras, mainly in attracting family remittances, explains the Central Bank report.
In February 2020, the Index of Confidence in Economic Activity in Guatemala reported a 64% growth compared to the same month last year, reinforcing the upward trend that has been registered since July 2019.
Businessmen forecast an inflationary rhythm of 3.25% for February, 3.36% for March and 3.38% for April 2020. As to December 2020 and 2021, the Panel forecasts an inflationary rhythm of 4.16% and 4.20%, in that order.
A few days before the new government takes office in Guatemala, the Economic Activity Confidence Index reported a 21% year-on-year growth.
Figures from the Bank of Guatemala indicate that in December 2019 the country's Confidence in Economic Activity Index (Icae) reported a considerable increase compared to the same month in 2018, a performance that reinforces the upward trend it has been registering since July last year.
In November of this year, the Index of Confidence in Economic Activity in Guatemala reported a 28% growth with respect to the same month in 2018, reinforcing the upward trend that has been registered since July 2019.
Businessmen forecast an inflationary rhythm of 3.34% and 3.54% for November and December 2019, respectively, as well as 3.69% for January 2020.
For the IMF, the Salvadoran authorities are dealing firmly with crime and corruption and are beginning to improve the business environment in order to support economic growth.
In 2019, real GDP growth is expected to be 2.5% as a result of the solid confidence of the business sector, reported the International Monetary Fund (IMF) after its visit to El Salvador.
After registering a 7% year-on-year increase in July, in August the Confidence in Economic Activity Index in Guatemala showed a 6% variation.
According to the last report of the Banco de Guatemala, an inflationary rhythm of 4.51% is forecast for September and of 4.50% for October 2019. As to December 2019 and 2020, the Panel foresees an inflationary rhythm of 4.64% and 4.50%, in that order.
After January 2019 the Confidence in Economic Activity Index in Guatemala reported a 3% y-o-y decrease, in February the variation was of -8% regarding the same month of 2018.
The report of the Bank of Guatemala summarizes that during February "... An inflationary rhythm of 3.96% was forecast for February, 4.09% for March and 4.19% for April 2019. As to December 2019 and 2020, the Panel foresees an inflationary rhythm of 4.16% and 4.33%, in that order. In addition, for a horizon of 12 and 24 months (February 2020 and February 2021) the Panel forecast an inflationary rhythm of 4.23% and of 4.25%, respectively.