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: Jan Lammersen, Economist
