Inflation in Honduras
Honduras - InflationThe economy is expected to have bounced back in Q3 after widespread protests caused growth to plunge to a near one-decade low in Q2. Average growth in the economic activity index accelerated notably in Q3, while inflationary pressures moderated somewhat in the quarter, boding well for private consumption. On the other hand, the merchandise trade deficit widened in the quarter despite stronger export growth. In other news, the government’s 2020 budget, with a focus on local infrastructure investment, has opened up for parliamentary scrutiny. The budget will see increased spending, which bodes well for domestic demand. Meanwhile, the IMF and the government reached a staff-level agreement on the first review of the Stand-by Arrangement in early November. The Fund commended the authorities for their progress on implementing structural and governance reforms.
Honduras - Inflation Data
|Inflation Rate (CPI, annual variation in %)||5.2||6.1||3.2||2.7||3.9|
5 years of economic forecasts for more than 30 economic indicators.
Honduras Inflation Chart
Source: Honduras Central Bank and FocusEconomics calculations.
|Exchange Rate||24.59||-0.03 %||Jan 01|
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