Guatemala: Growth in economic activity decreases in March
May 14, 2015
In March, economic activity increased 3.8% over the same month of last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The result was lower than the expansion of 4.6% tallied in February and marked a thirteen-month low.
Despite the monthly decline, annual average growth in March was stable at February’s 4.5%, thereby maintaining the fastest pace of growth in more than six years.
Author: Robert Hill, Economist