In November, economic activity expanded 9.5% over the same month the previous year, according to the IMAE (indice Mensual de Actividad Economica). The reading represents an improvement compared to the 5.7% increase registered in October. A month-on-month comparison corroborates the acceleration suggested by the annual data, as economic activity added 1.52% over the previous month in seasonally adjusted terms, up from the 0.38% rise recorded in October. As a result of the monthly improvement, the trend continues to point upwards, with the annual average growth in economic activity increasing from 5.3% in October to 6.0% in November, which represents the fastest pace since April 2009.
Panama Economic Activity
Economic activity accelerates in November
January 25, 2011
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Panama Economic News
October 25, 2016
In August, the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) accelerated from July’s seven-month low of 3.0% to 3.9%.
October 13, 2016
Consumer prices in a month-on-month comparison increased 0.2% in September after a flat reading in August.
September 27, 2016
In July, the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) decelerated from 4.1% in June to a seven-month low of 3.0% in July.
September 16, 2016
The Panamanian economy gained traction in the second quarter of the year.
September 13, 2016
In August, consumer prices were flat, down from July’s 0.10% print.