Guatemala: Growth in economic activity inches up in August
October 6, 2016
In August, economic activity increased 2.5% from the same month last year, according to the monthly indicator for economic activity (IMAE, Índice Mensual de la Actividad Económica). The result was slightly higher than July’s revised 2.4% increase (previously reported: +2.5% year-on-year).
Annual average growth inched down from 3.2% in July to 3.0% in August, which represented the lowest reading since November 2012.
Author: Christopher Mc Innes, Economist