Capital Good Investment Increases in Guatemala
Capital goods imports (machinery and equipment) increased 15.4% in the first 7 months compared to the same period of 2009.
Tuesday, October 12, 2010
According to statistics from the Bank of Guatemala (Banguat) the purchase of machinery for the agricultural sector, textiles and telecommunications reached $ 1,232 million compared to $ 1,068 million in 2009.
Compared to the same period in 2010, imports of machinery and equipment in the first 7 months of 2011, have increased by 14%.
In the first half of the year, the imports of capital goods were up 12.2% relative to the same period of 2009.
From January to June, imports of machinery and equipment totaled $1,250 million, 23.2% higher than in the same period in 2010.
In January 2009, capital goods imports decreased by 29.3% over the same period the previous year.
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