ECONOMIC ACTIVITY
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Honduras: Economic Activity Grows 13%
May-17-21 | During March 2021, the Monthly Index of Economic Activity reported a variation of 13% when compared to the levels reported in the same month of 2020, a period that was marked by the closure of the economy due to the pandemic.
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Honduran Economy is Still Recovering
Apr-19-21 | After in January 2021 in the context of the crisis caused by the pandemic, the Monthly Index of Economic Activity at the national level reported a 6% decrease in year on year terms, in February a smaller drop was registered, amounting to 3.5%.
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Economy and Outlook for 2021
Mar-31-21 | The World Bank predicts that by the end of this year Panama and the Dominican Republic will be the economies of the region that will grow the most, and the countries that will report the lowest increases in their production will be Costa Rica and Nicaragua.
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Central America: A Snapshot of the Construction Industry
Mar-18-21 | During 2020 in all countries of the region, construction activity decreased considerably and Central American cement imports stagnated, this adverse scenario is explained by the economic crisis generated by the pandemic.
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One Year of Crisis: How are Economies Recovering?
Mar-8-21 | Twelve months after Central America began a health and economic crisis triggered by the covid-19 outbreak, Guatemala was the fastest recovering economy and Panamanian economic activity is the slowest to return to pre-pandemic levels.
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Honduran Economic Activity Falls 9% in 2020
Feb-17-21 | At the end of last year, the Monthly Index of Economic Activity reported a -8.5% year-on-year variation, a drop that is explained by the negative effects generated by the outbreak of covid-19 and tropical storms Iota and Eta.
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Economic Recovery: Honduras Retreats
Jan-19-21 | As a result of the pandemic in May 2020, the IMAE hit bottom by falling 22% year-on-year, but from June onwards, smaller falls began to be reported and in October the decline was barely 1%; however, in November the country fell back by 12%.
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Economic Growth: Improved Forecasts for the Region
Jan-14-21 | The World Bank has improved economic growth projections for all Central American economies for 2021, with Honduras, El Salvador and Panama having the most promising forecasts.
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Economic Recovery: Far Away On The Horizon
Jan-13-21 | Because of the fall in economic activity and the restrictions imposed to contain the spread of covid-19, businessmen in Costa Rica and Panama predict that the process of economic recovery will not be completed in the near future.
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Economy Closures: What is Expected in 2021?
Dec-7-20 | Although the end of the year holidays is a threat to Central America for a second wave of covid-19 infections, it is expected that total closures will not be decreed since there are currently effective health control options, and less costly for the economy.
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Which Economies Have Recovered the Most?
Oct-28-20 | As of June, Central American economies began to show signs of incipient recovery and as of August, Guatemala, Nicaragua and Costa Rica registered the smallest drops in their levels of economic activity.
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Economy Keeps Recovering its Dynamism
Oct-20-20 | After the IMAE in Honduras registered a -22% year-on-year variation in May of this year, during July and August the contraction of Honduran production was less, reporting falls of 13% and 8%, respectively.
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Honduras: Main Cities Reopen Businesses
Jul-29-20 | The Council of Ministers approved that Tegucigalpa and San Pedro Sula will return from July 29 to Phase I of the Opening Plan, which allows companies to operate with 20% of their workforce.
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Honduras: New Attempt to Restore the Economy
Jul-24-20 | After suspending the process of reopening the economy, on July 27 the country will resume Phase I in Region 3, which provides for the reactivation of operations of companies with 20% of their workforceº
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Honduras Suspends Economic Reactivation
Jun-22-20 | As a result of non-compliance with biosecurity protocols, the increase in the number of cases and the saturation of hospital capacity, Phase I of the Intelligent Opening Process was suspended.