What is the average inflation rate in honduras in the last 5 years?Show the values and...

What is the average inflation rate in honduras in the last 5 years?Show the values and calculation

Expert Solution

Despite picking up in March on a rebound in the agricultural sector, the economic activity index averaged markedly lower in the first quarter compared to the prior quarter, suggesting a noticeable moderation in economic growth in the opening quarter of 2019. The external sector was likely a larger drag on the economy in Q1 as reflected by the year-on-year widening of the trade deficit owing to a sharp drop in exports. Meanwhile, in the political arena, violent protests erupted at the end of May with demonstrators demanding President Juan Hernandez’s resignation. Social unrest, which is centered around fears that the education and health sectors will be privatized, continued through early June, despite the repeal of the reform bills on 2 June. This suggests protests could well constrain the administration going forward.

Honduras - Inflation Data

	2013	2014	2015	2016	2017
Inflation Rate (CPI, annual variation in %)	5.2	6.1	3.2	2.7	3.9

Rahul Sunny answered 1 year ago

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