Guatemala: Economic activity expands at the fastest pace in nearly seven years
October 7, 2014
In August, economic activity increased 5.2% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The expansion was an improvement over the 5.0% rise observed in July and marked the fastest growth rate since September 2007.
As a result, annual average growth in economic activity inched up from 3.8% in July to 3.9% in August.