Guatemala: Economic activity decelerates to two-year low
April 7, 2016
In February, economic activity increased 3.5% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The result marked a moderation compared to January’s 3.6% expansion and the smallest gain in two years.
Annual average growth inched down from 4.1% in January to 4.0% in February, which represented the lowest reading in 17 months.
Author: Robert Hill, Economist