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Panama Economic Activity February 2023

Panama: Economic activity growth picks up pace in February

Economic activity grew 9.0% compared to the same month a year earlier in February, which was above January’s 8.7% increase. The reading was supported by positive developments in the construction, hospitality, manufacturing and trade sectors.

Meanwhile, annual average economic activity growth fell to 9.2% in February (January: +9.7%), pointing to a worsening trend.

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