Guatemala: Capital Goods Imports Decrease
In January 2009, capital goods imports decreased by 29.3% over the same period the previous year.
Monday, April 6, 2009
During the first month of 2009, there were $ 43.8 million in capital goods imports registered, while there were $203.5 million imported during the same month last year.
In the face of the economic crisis, many entrepreneurs choose not to invest in new machinery, but rather to provide maintenance to existing ones.
While the fall in imports of capital goods in general was 4.6%, in the agricultural sector the reduction was 24.3%.
Capital goods imports (machinery and equipment) increased 15.4% in the first 7 months compared 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.
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