Guatemala Economic Activity

Guatemala

Guatemala: Growth in economic activity inches down in June

August 7, 2015

In June, economic activity increased 3.5% 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 slight moderation from the revised 3.6% expansion tallied in May (previously reported: +3.9% year-over year). Monthly economic activity growth has decelerated consistently since January and now sits at its lowest reading since February of last year.

Annual average growth fell from May’s 4.6% to 4.5% in June, resulting in the lowest reading in six months.

FocusEconomics Consensus Forecast participants see GDP growing 3.9% in 2015, which is unchanged from last month’s forecast. For 2016, panelists expect the economy to expand 3.6%.


Author:, Economist

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Guatemala Economic Activity Chart


Guatemala Economic Activity June 2015

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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