Guatemala: Growth in economic activity drops in April
June 8, 2015
In April, economic activity increased 3.9% 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 a deterioration from the 4.2% expansion tallied in March and marked the lowest reading since March 2014.
Annual average growth fell from March’s 4.8% to 4.5% in April, resulting in the lowest reading in four months.
Author: Robert Hill, Economist