Guatemala: Economic activity expands at the fastest pace in nearly seven years
September 6, 2014
In July, economic activity increased 5.0% 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 4.5% rise observed in June and marked the fastest growth rate since October 2007.
As a result, annual average growth in economic activity inched up from 3.6% in June to 3.7% in July.