Guatemala: Growth in economic activity picks up in June
August 5, 2016
In June, economic activity increased 2.7% over 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 May’s 2.6%. The reading was positively influenced by industrial manufacturing, commerce and financial services.
Annual average growth inched down from 3.5% in May to 3.4% in June, which represented the lowest reading since April 2013.
Author: Christopher Mc Innes, Economist