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LatinNews Daily - 30 November 2020

In brief: Honduras’ economic activity continues to recover

* Honduras’ central bank (BCH) has released new figures for its monthly economic activity index (Imae), which show that economic activity contracted by 4.3% year-on-year in September as a result of the impact of the coronavirus (Covid-19) pandemic. This is an improvement on August when the Imae shrank 8.9%. The sectors worst hit in September were hotels and restaurants (-51.8%); private construction (-30.4%); and mining and quarries (-23.4%). Last week, BCH president Wilfredo Cerrato told journalists that as a result of the pandemic and hurricane 'Eta', which struck earlier this month, the economy was expected to shrink between 8%-9% this year, although this did not take into account the impact of hurricane 'Iota' which followed Eta.

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