Guatemala: Economic activity improves in May
July 11, 2014
In May, 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 an improvement over the 4.0% rise observed in April and marked the fastest growth rate since September 2011.
Nevertheless, the trend was stable in May, with annual average growth in economic activity remaining at 3.5% for the third consecutive month.
Author: Dirina Mançellari, Senior Economist