Guatemala: Economic activity edges down in September but stays robust
Data from Banguat’s monthly index of economic activity (IMAE, Índice Mensual de la Actividad Económica) showed that economic activity increased 3.0% in September over the same month a year ago. The result, which is down from the previous month’s 3.2% expansion, was driven by a pick-up in the transportation, storage and communications; wholesale and retail; agricultural; and manufacturing subsectors.
Lastly, annual average growth in economic activity was stable at the previous month’s 2.8% in September.