Guatemala Economic Activity


Guatemala: Growth in economic activity picks up again in August

October 9, 2015

In August, economic activity increased 4.3% over the same month of last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The result marked a slight acceleration over the previous month’s revised 4.2% expansion (previously reported: +3.9% year-on-year). August’s reading is the highest in four months, and marks the second consecutive month of acceleration.

Annual average growth in August was stable at 4.6%, mirroring both June and July’s result. Annual average growth has been relatively steady so far this year, remaining within plus or minus 0.1 percentage points of 4.6% for since January.

FocusEconomics Consensus Forecast participants see GDP growing 3.9% in 2015, which is down 0.1 percentage points from last month’s forecast. For 2016, panelists expect the economy to expand 3.7%.

Author:, Economist

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Guatemala Economic Activity Chart

Guatemala Economic Activity August 2015 0

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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