In September, the economy expanded 8.5% over the same month last year, which was slightly below the 8.7% increase in August, according to the monthly indicator of economic activity (IMAE, indice Mensual de Actividad Economica). The construction and transportation sectors had the biggest impact on the expansion. On a monthly basis, economic activity increased 0.45% in seasonally adjusted terms, which exceeded August's 0.22% rise (previously reported: +0.15% month-on-month). Annual average growth in economic activity ticked up from 8.3% in August to 8.6% in September, continuing the upward trend. Growth in economic activity should remain strong going forward, fuelled by ongoing investment in a project that aims to double the capacity of the Panama Canal by 2014.
Panama Economic Activity
Economic activity continues to grow robustly in September
November 24, 2011
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Panama Economic News
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.
August 25, 2016
In June, the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) decelerated from May’s over-one-year high of 5.2% to 4.1%.