Guatemala Economic Activity February 2019

Guatemala

Guatemala: Economic activity moderates in February

April 4, 2019

Economic activity growth dropped to 1.9% in February, down from January’s 3.4% increase. Activity was nonetheless supported by robust performances in the private services; transportation, storage and communications; wholesale and retail trade; and manufacturing sectors.

Annual average growth in economic activity was stable at January’s 3.3% in February.

Guatemala GDP Forecast


Banguat expects growth of between 3.0%–3.8% in 2019. FocusEconomics Consensus Forecast panelists see growth of 3.1% in 2019, which is unchanged from last month’s forecast. For 2020, our panelists predict growth to accelerate to 3.0%.


Author:, Economist

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Guatemala Economic Activity Chart


Guatemala Economic Activity February 2019

Note: Year-on-year changes and annual average variation of trend-cycle economic activity in %.
Source: Guatemala Central Bank and FocusEconomics calculations.


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