Guatemala Economic Activity


Economic activity rises to a one-year high

In June, economic activity rose 3.7% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The reading was slightly up from the 3.6% rise observed in May (previously reported: +3.4% year-on-year) and marked, in fact, the highest reading in one year. Despite the mild improvement, the trend remains stable, with annual average growth in economic activity in June matching May's 3.4% rise.

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Guatemala Economic Activity Chart

Guatemala Economic Activity June 2012

Note: Year-on-year changes and annual average variation of trend-cycle economic activity in %.
Source: Guatemala Central Bank and FocusEconomics calculations.

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