Guatemala: Economic activity growth rate eases slightly to seven-month low
January 8, 2015
In November, economic activity increased 4.3% 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 October’s 4.4% rise and marked the mildest expansion in seven months. Despite the slowdown, the indicator still illustrates robust growth in the Guatemalan economy and is the eighth consecutive month of greater than 4.0% growth.
As a result, annual average growth in economic activity inched up from 4.0% in October to 4.1% in November, which marked the fastest rate of growth since December 2011.