Once the Central American economies begin to return to normal, as the restriction and quarantine measures that have been taken to prevent the spread of the covid-19 are relaxed, household consumption patterns will have changed significantly.

For example, the demand for meals out of home will decrease by about 7% from the levels reported prior to the crisis.

Through a demand-income sensitivity model developed by CentralAmericaData‘s Trade Intelligence Unit, variations in household demand for different goods and services can be projected as the most critical phases in the spread of the covid-19 are overcome and measures to restrict mobility in the region’s countries are gradually lifted.

For this analysis, it is assumed that quarantine and mobility restriction measures will be extended for a period of two months.

For example, when analyzing the potential demand for electronic equipment, it is estimated that once the quarantine period is over, households in Central America will reduce their spending on cellular phones and their accessories by about 4%.

When the economies begin to normalize their commercial activity, demand for air transport services could contract by 8%, as compared to the sales levels recorded prior to the Covid-19 crisis.

For the automotive industry, it is expected that demand for tuning, alignment and balancing services will also be affected in the coming months, as Central American households are expected to decrease by more than 3% in the purchase of this type of service.

The “Information System: Covid-19 and Business Outlook“, is helping our clients to understand and measure the impact that the crisis will have on the demand for goods and services of companies in all sectors, with details such as the financial strength of customers and suppliers of each economic activity, which allows us to forecast which of them could face more difficulties in the coming months.