El Salvador GDP Growth Accelerates Slightly in Q3 âšī¸
El Salvador's economy grew by 1.58% in the third quarter of 2024, with a slowdown in net foreign demand and imports, while gross fixed capital formation rebounded, and household consumption and government spending decelerated.
The article provides an update on El Salvador's economic performance in the third quarter of 2024, indicating a slight acceleration in overall growth compared to the previous period. However, the details suggest a mixed picture, with some key indicators like net foreign demand and imports slowing down, while others like gross fixed capital formation rebounded. Given the relatively small weight of El Salvador in the overall portfolio, the impact of this news is likely to be neutral, as it does not significantly affect the broader investment positions.