Guatemala: Economic activity eases slightly from seven-year high
November 6, 2014
In September, economic activity increased 4.7% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The expansion was a slight deceleration from August’s 4.8% rise, which had represented the largest expansion in seven years; howeverm it still indicated robust growth in the Guatemalan economy. September’s figure marked the sixth consecutive month of above 4.0% growth.
As a result, annual average growth in economic activity inched up from 3.9% in August to 4.0% in September.