españolHonduras: GDP Grows 2.5% in the Fourth Quarter of 2019Tuesday, March 31, 2020 Financial Intermediation, and Manufacturing Industries, largely determined the 2.5% increase in GDP during the fourth quarter of last year, compared to the same period in 2018. Financial Intermediation, Insurance and Pension Funds increased 1.7%, boosted by income received from commissions and interest on the loan portfolio, reported the Central Bank of Honduras. Insurance Market Up 7% in 2019Friday, April 3, 2020 Last year in El Salvador, net premium income totaled $702 million, 6.8% higher than in 2018. Directors of the Salvadoran Association of Insurance Companies (ASES) explained that between 2018 and 2019 net premium income increased by $44 million, from $658 million to $702 million. Panama: Economic Activity Begins 2020 UpwardsFriday, March 20, 2020 During January of this year, the Monthly Index of Economic Activity reported a 2.7% year-on-year increase, which is partly explained by the behavior of trade, transport and storage. Among the categories of economic activity that showed a positive behavior were: commerce, transportation, storage and communications, financial intermediation, agriculture, electricity and water, mining and quarrying, and domestic services, reported the Comptroller. Honduras: Economic Activity Up 4%Tuesday, March 24, 2020 Explained by the behavior of the Financial Intermediation, Insurance and Pension Funds, and the Manufacturing Industry, during January the Monthly Index of Economic Activity increased by 3.8% with respect to the same period in 2019. Most of the productive activities showed positive results in the first month of 2020, standing out for their contribution to the global indicator: Financial Intermediation, Insurance and Pension Funds; Manufacturing Industry; Post and Telecoms; and Commerce, informed the Central Bank of Honduras. Panama: Tourist Arrivals Begin to Fall in 2020Wednesday, March 18, 2020 During the first month of the year, 215,607 visitors arrived to the country, a figure that is 18% less than the one reported for the same period in 2019. The General Comptroller of the Republic reported that between January 2019 and the same month of 2020 48,696 tourists arrived to the country less, from 264,303 to 215,607 visitors. The report states that in the case of cruise ship passengers, the number increased by 130%, from 10,822 to 24,868. El Salvador: Remittances Grow 9% up to FebruaryThursday, March 12, 2020 During the first two months of the year, the country received $874 million in family remittances, 8.8% more than in the same period of 2019. The growth of family remittances shows a higher rate compared to the last two years. Economic Activity Slows Down at the Beginning of 2020Monday, March 16, 2020 During January, IMAE registered a 2.5% year-on-year variation, down from the 2.8% reported at the end of 2019. Most economic activities show positive year-on-year variations in January and higher than a year ago, with the exception of construction, whose production decreases, reported the Central Bank of Costa Rica (BCCR). Honduras: Private Foreign Debt Up 10%.Wednesday, March 18, 2020 As of January 2020, the country's private sector external debt amounted to Ch$1,802 million, 9.78% higher than that reported for the same month in 2019. Salvadoran Exports Up 7%Tuesday, March 17, 2020 During the first two months of the year, the country's foreign sales totaled $1,015 million, 7% more than the amount reported for the same period in 2019, a rise that is largely explained by the behavior of manufacturing industry exports. The manufacturing industry, including maquila, exported $974.9 million with a 6.1% annual growth, equivalent to $56.4 million more compared to the same period in 2019, reported the Central Bank. Guatemala: Remittances Increase by 19%Friday, March 6, 2020 During the first two months of 2020, family remittances sent to the country amounted to Ch$1,643 million, 19% more than reported for the same period in 2019. Official figures from the Bank of Guatemala detail that in February 2020 the country received remittances of $808 million, an amount that exceeds by 17% the $690 million registered in the same month of 2019. Building Material Prices up to February 2020Monday, March 30, 2020 In Guatemala, between January and February of this year, the price of 22-gauge steel sheet fell 2%, and the price of rustic pine formwork wood increased 2%. The Price Index of Construction Materials -IPMC-, prepared by the National Institute of Statistics (INE), measures the price variations of the eighty-nine (89) materials and services that make up the representative basket of inputs used in the construction activity, using December 2018=100 as the base month. Slight Improvement in Hiring ExpectationsTuesday, March 10, 2020 After 12% of companies in Guatemala reported in the first quarter of 2020 that they planned to increase their payrolls, by the second quarter this proportion had risen by only 1%. Employers in Guatemala report positive hiring plans for the second quarter of 2020. Honduras: Remittances Increase 13% in 2019Monday, March 2, 2020 Last year the country received $5,524 million in family remittances, an amount that exceeds by 13% the amount reported in 2018. From the report of the Central Bank of Honduras: Price Control Declared in GuatemalaFriday, March 27, 2020 The Ministry of Economy will be in charge of setting the average price list of the products of the basic basket that will be in force in the country. Article 3 of the decree approved by the Congress of the Republic explains that "... the Ministry of the Economy will set the average price list as of March 15, 2020, for each of the 34 products that make up the Basic Food Basket in its different forms of presentation, unit, pound, quintal, etc." Cattle Herd Falls 4% in 2019Thursday, March 12, 2020 At the end of last year, the number of cattle in Panama reached 1.49 million, 3.8% less than in 2018. The General Comptroller of the Republic reported that between 2018 and 2019 the number of cattle decreased by 59,700, from 1,556,900 to 1,497,200, a decrease that is largely explained by the fall recorded in the province of Veraguas. |
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Wednesday, April 8, 2020 - last update: Tuesday, 8:22 pm
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