Fiscal Balance in Honduras
Honduras - Fiscal BalanceEconomic growth moderated noticeably in the opening quarter of the year. The economy lost momentum on weaker fixed investment growth and weaker household expenditure despite softer prices pressures, while the external sector’s contribution moderated too. Sectoral data showed that the industrial sector eased markedly on a contraction in mining and quarrying output, while output in the remaining sub-sectors moderated. On the other hand, activity in the agricultural sector rose to an over one-year high. Looking at the second quarter, the mass protests that erupted at the end of May continued through late June and likely affected economic activity in the quarter. This hints at a further slowdown in growth, reinforced by the expansion in the economic activity index dropping to a 13-month low in April.
Honduras - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-7.9||-4.4||-3.0||-2.7||-2.7|
5 years of economic forecasts for more than 30 economic indicators.
Source: Honduras Central Bank.
|Exchange Rate||24.43||-0.03 %||Jul 11|
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