Guatemala: Economic activity expands at the fastest pace in nearly three years in June
August 8, 2014
In June, economic activity increased 4.5% 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 4.3% rise observed in May and marked the fastest growth rate since August 2011.
Nevertheless, the trend was stable in June, with annual average growth in economic activity remaining at 3.6% for the second consecutive month.
Author: Dirina Mançellari, Senior Economist