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Guatemala Economic Activity May 2018

Guatemala: Economic activity growth accelerates in May

Data from Banguat’s monthly index of economic activity (IMAE, Indice Mensual de la Actividad Económica) showed that economic activity growth sped up in May from the prior month’s revised 0.1% increase (previously reported: -0.7% month-on-month) to 0.4%.

On a year-on-year trend-cycle basis, growth in economic activity edged up from the prior month’s revised 2.7% (previously reported: +2.8% year-on-year) to 2.8% in May. Growth in May came on the back of expansions in the wholesale and retail trade; financial intermediation, insurance and auxiliary activities; agriculture; and manufacturing sectors. Meanwhile, annual average growth in economic activity was stable at the prior month’s revised 2.7% (previously reported: +2.6%) in May.

Guatemala GDP Forecast

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