The entity recognizes the continued economic recovery, but warns that potential growth is below the desirable level, debt remains high, and wide financing gaps are projected for 2019 and in the future.
From a statement issued by the IMF:
On May 11, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
In the view of Fitch Ratings, continued political unrest could undermine investment conditions and economic growth, as well as raise the risks of confidence shocks to the financial system and macroeconomic stability.
From a statement issued by from Fitch Ratings:
Fitch Ratings-New York/San Salvador-17 May 2018: Continuing protests and resulting political violence in Nicaragua heighten risks to political stability and governability, says Fitch Ratings. Continued political unrest could undermine investment conditions and economic growth as well as elevate risks of confidence shocks to the financial system and macro stability.
As of April, family remittances so far this year totaled $1.730 billion, registering a 9% increase compared to the same period of the previous year.
From a report by the Central Bank of Honduras:
El Salvador received US $1.729.6 billion in family remittances as of April 2018, with a growth of 9.2% and exceeding by US $145.7 million the income received under this concept in the same period of the previous year, the Central Reserve Bank reported.
Information and communications, and accommodation and food services, were the sectors that explained most of the positive variation recorded during the third month of 2018.
The Central Bank of Costa Rica reported that the Monthly Index of Economic Activity (IMAE) recorded an interannual growth of 3.12% in the cycle trend during March, a figure that is less than was registered in the first two months of the year.
Trade and private services, were the sectors that accounted for most of the variation in the index of economic activity during the third month of the year.
During the third month of 2018, the affiliation of 896,869 social security workers was registered, 1.5% less than was reported in March 2017.
The Central Bank of Nicaragua (BCN) reported that according to the administrative records of the INSS, in March the number of insured people was 896,869 workers, which is equivalent to a 1% drop compared to February 2018.
The IMAE registered an increase of 3.1%, mainly explained by the activities of Financial Intermediation, Insurance and Pension Funds, the manufacturing industry and commerce.
From a statement issued by Banco Central de Honduras:
In Costa Rica, between the first and second quarters of the year, expectations of business leaders fell by 4%, registering the lowest value in the last eight years.
The Research Institute of Economic Sciences at the University of Costa Rica reported that "... The result of the global index of business expectations reveals in general terms that the optimism of business leaders weakened by 2.3 percentage points compared to the previous quarter, standing at 51.3 ...".
Contrary to the negative figures recorded in 2015 and 2016, in 2017 Peruvian direct foreign investment received by Guatemala totaled $82 million.
In addition to reversing the negative trend in 2015 and 2016, last year Peru became the fourth country in terms of the largest flows of direct investment registered in Guatemala, as it was only surpassed by the US, Mexico and Colombia.
In April, the CPI registered a monthly variation of 0.51%, mainly explained by the prices of the Food and non-alcoholic beverages sector, and Furniture and articles for housing and service.
From a report by the National Institute of Statistics and Census of Costa Rica:
In the fourth month of the year, the CPI registered a monthly variation of 0.04%, mainly explained by the behavior of transport prices and alcoholic beverages.
From a report by the National Statistics Institute:
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During the fourth month of the year, the CPI recorded a monthly variation of 0.24%, mainly explained by prices in the sectors of Transport and Recreation and culture.
Colombian company with more than 30 years in the market develops technological solutions that allow to manage in an integrated and timely way investment portfolios. Solutions to manage investment portfolios, investment...
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