The Central Bank of Honduras cut its monetary policy rate by 25 bps to 5.50 percent at its December meeting. Policymakers noted that the annual inflation rate declined to 3.84 percent in October from 4.08 in September to stand below the mid-point of the target range (4 percent +/- 1 percent). The Committee underscored that global growth prospects continued to deteriorate and that domestic economic growth decelerated in the last few months, adding that demand-side inflationary pressure remains subdued.

Interest Rate in Honduras averaged 6.10 percent from 2005 until 2019, reaching an all time high of 9 percent in July of 2008 and a record low of 3.50 percent in June of 2009. This page provides - Honduras Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Honduras

Interest Rate in Honduras is expected to be 5.50 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 5.25 in 12 months time. In the long-term, the Honduras Interest Rate is projected to trend around 5.75 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Honduras Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.75 9.00 3.50 2005 - 2019 percent Daily

Calendar GMT Actual Previous Consensus TEForecast
2019-06-21 10:00 PM 5.75% 5.75% 5.75%
2019-08-09 11:00 PM 5.75% 5.75% 5.75%
2019-11-14 07:00 PM 5.75% 5.75% 5.5%
2019-12-19 09:00 PM 5.50% 5.75% 5.75%
2020-02-03 09:00 PM 5.5% 5.5%


News Stream
2019-11-14
Honduras Keeps Interest Rate at 5.75%
The Central Bank of Honduras left its monetary policy rate unchanged at 5.75 percent at its November meeting. Policymakers noted that the annual inflation rate declined to 4.08 percent in October from 4.42 in September to stand slightly above the upper limit of the target range (4 percent +/- 1 percent). The Committee underscored that global growth prospects continued to deteriorate and that domestic economic growth decelerated in the last few months, adding that demand-side inflationary pressure remains subdued.

2019-08-09
Honduras Keeps Interest Rate at 5.75%
The Central Bank of Honduras left its monetary policy rate unchanged at 5.75 percent at its 9 August 2019 meeting. Policymakers noted that the annual inflation rate declined to 4.69 percent in July from 4.80 percent in June, falling for the second month to stand now above the upper limit of the target range (4 percent +/- 1 percent).The Committee underscored that domestic economic growth decelerated in the last few months. On the inflation front, they expect the inflation rate to converge to target by the end of 2020.

2019-06-21
Honduras Holds Interest Rate at 5.75%
The Central Bank of Honduras left its monetary policy rate unchanged at 5.75 percent at its 21 June 2019 meeting. Policymakers noted that the annual inflation rate rose to 5.14 percent in April from 4.86 percent in April on higher electricity prices, to stand now above the upper limit of the target range (4 percent +/- 1 percent).The Committee added that inflation expectations remain within the target rate range. It underscored that inflation is expected to return to target by the last quarter of 2019.

2019-02-12
Honduras Leaves Monetary Policy Unchanged
The Central Bank of Honduras left its monetary policy rate unchanged at 5.75 percent at its February meeting, after hiking it by 25bps in the previous meeting. Policymakers noted that the annual inflation rate fell to 3.95 percent in January from 4.2 percent in December, mainly due to a slowdown in cost of food. The Committee added that the inflation rate remained within the target rate range (4 percent +/- 1 percent) and it is expected to follow a downward trend, standing below 5 percent.


Honduras Interest Rate
In Honduras, the interest rate decisions are taken by the Central Bank of Honduras. The official interest rate is the monetary policy rate.

Honduras Money Last Previous Highest Lowest Unit
Interest Rate 5.50 5.75 9.00 3.50 percent [+]
Money Supply M0 25984.11 26850.89 29553.46 4291.33 HNL Million [+]
Deposit Interest Rate 8.30 8.25 21.28 7.78 percent [+]
Money Supply M1 68771.73 70269.29 70508.39 11625.48 HNL Million [+]
Money Supply M2 276678.01 276174.83 276678.01 38689.77 HNL Million [+]
Money Supply M3 362686.83 361231.95 362686.83 53251.66 HNL Million [+]
Foreign Exchange Reserves 4901.70 4313.40 4901.70 1852.20 USD Million [+]