Consumption in Honduras
Honduras - ConsumptionEconomic growth will have cooled notably in the opening quarter of the year. The Central Bank’s monthly index of economic activity registered softer growth on average in the period. The manufacturing sector lost steam in Q1. Additionally, consumer price inflation picked up pace through March, eating into consumers’ pockets and boding ill for private spending. Moderating growth in goods imports further points to easing domestic demand in the period. However, merchandise exports accelerated and drove a narrowing of the goods trade deficit; the external sector should have weighed on overall growth to a lesser extent. Turning to Q2, household consumption will have continued to be hindered by greater inflation, which rose to an over 13-year high in April.
Honduras - Consumption Data
|Consumption (annual variation in %)||3.6||4.1||4.1||4.3||3.6|
5 years of economic forecasts for more than 30 economic indicators.
Honduras Consumption Chart
Source: Honduras Central Bank and FocusEconomics calculations.
|Exchange Rate||24.59||-0.03 %||Jan 01|
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