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LatinNews Daily - 15 May 2024

In brief: Honduras’ economic activity slows

*Honduras’ central bank (BCH) has released new figures which show that the country’s monthly indicator of economic activity (Imae) was up by 1.4% in March compared with the same month of 2023, while accumulated growth in economic activity in the first three months was 3.8%. This compares with year-on-year growth of 5.4% in February, while accumulated growth in economic activity in the first two months was 5.1%.  Key contributors to accumulated growth in the first three months included financial intermediation, insurance & pension funds (+15.4%); private construction (+12.7%); and hotels & restaurants (+6.3%). Sectors registering a decline include other services (-12.7%), manufacturing industry (-3.6%), and agriculture, livestock, forestry & fishing (-2.8%).

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