The Honduran Central Bank reported that according to the original series of the Monthly Economic Activity Index (IMAE) in June 2015, Honduran economy grew by 3.6%, higher than in the same period in 2014 (2.7%), being influenced by the following activities: Financial Intermediation, Insurance and Pension Funds, Post and Telecommunications, Manufacturing Industry, Trade, Transport and Storage, and Agriculture, Forestry and Fisheries. The Financial Intermediation behavior is explained by higher interest rates on credit cards, trusts and mortgage loans; and also, because of the rise in commissions received from disbursements, deposits, drafts and transfers.
Tegucigalpa – In spite of the economic growth in the country, the gap between rich and poor in Honduras continues to increase.
The increased activity in Posts and Telecommunications was driven by the dynamic consumption of mobile services, internet and cable television. Meanwhile, the manufacturing industry was influenced by: the rise in the manufacture of textiles, due to the dynamism of the volumes exported, mainly clothing; food processing, beverages and tobacco; and the manufacture of nonmetallic minerals, in response to the increased demand for cement and concrete materials, for the execution infrastructure and community development projects in some municipalities.
The positive development in transportation and storage services was favored by more space requirements in warehouses, mainly for coffee and chemicals. Finally, activities that contributed positively in the Agriculture, Forestry and Fisheries were growing coffee and poultry.
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