Guatemala Economic Activity


Economic activity ticks up in May

In May, economic activity rose 3.8% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The reading was up from the 3.7% rise seen in April (previously reported: +3.2% year-on-year) and marks the fastest increase observed since October 2011.

As a result of the stronger annual print, the trend continues to point upwards, with annual average growth in economic activity inching up from 3.1% in April to 3.2% in May.

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Guatemala Economic Activity Chart

Guatemala Economic Activity May 2013

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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