Honduras Economic Outlook
December 4, 2018Economic activity slowed fractionally in September, partially due a high base effect, as the financial and manufacturing sectors drove growth. Moreover, the average reading of the index in the third quarter was noticeably below the reading in the second quarter, suggesting the economy lost some speed in Q3. More positively, the IMF commended the government’s fiscal responsibility in a recent staff visit and noted that negotiations on a possible financial arrangement continue.
Honduras Economic GrowthEconomic growth next year is expected to be buttressed by robust private consumption and fixed investment growth. FocusEconomics Consensus Forecast panelists expect GDP to grow 3.8% in 2019, which is unchanged from last month’s forecast, before decelerating to 3.5% in 2020. The ending of Hondurans’ TPS in the U.S. in 2020 would significantly dent remittances inflows and clouds the longer-term outlook.
Honduras Economy Data
5 years of Honduras economic forecasts for more than 30 economic indicators.
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|Exchange Rate||24.28||-0.03 %||Dec 10|
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