Guatemala Economic Activity December 2018


Guatemala: Economic activity eases in December

February 13, 2019

Growth in economic activity decelerated from a revised 3.8% expansion in November to 3.3% in December, according to Banguat’s monthly index of economic activity. Higher activity in the following sectors supported economic activity growth: wholesale and retail trade; private services; manufacturing; and transportation, storage and communications.

Annual average growth in economic activity was stable at November’s 3.1% in December.

Banguat expects growth of between 3.0%–3.8% in 2019. FocusEconomics Consensus Forecast panelists see growth of 3.1% in 2019, which is unchanged from last month’s forecast. For 2020, our panelists predict growth to accelerate to 3.0%.

Author:, Economist

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Guatemala Economic Activity Chart

Guatemala Economic Activity December 2018

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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