The Central Bank of Honduras left its benchmark interest rate unchanged at 3% at its June meeting. Policymakers highlighted a recovery of consumption and private investment, as well as an improvement in external demand. Annual inflation stood at 4.84% in May 2021, and it would remain above the target but always remaining within the tolerance range (4.0% ± 1.0pp). Policymakers once again reaffirmed their commitment to monitor periodically main economic variables and adopt measures to maintain low and stable inflation if necessary. source: Central Bank of Honduras
Interest Rate in Honduras averaged 5.88 percent from 2005 until 2021, reaching an all time high of 9 percent in July of 2008 and a record low of 3 percent in November of 2020. This page provides - Honduras Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Honduras Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Interest Rate in Honduras is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Honduras to stand at 3.00 in 12 months time. In the long-term, the Honduras Interest Rate is projected to trend around 3.75 percent in 2022 and 4.50 percent in 2023, according to our econometric models.