Guatemala: Growth in economic activity inches down in May
July 8, 2015
In May, 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 a moderation from the 3.9% expansion tallied in April and marked the lowest reading since March of last year.
Annual average growth fell from April’s 4.7% to 4.6% in May, resulting in the lowest reading in four months.
Author: Robert Hill, Economist