Guatemala: 2019 Better Than 2018?The Bank of Guatemala expects next year's economic growth to be better than in 2018, which would be caused by higher public spending and the growth of family remittances.Friday, December 14, 2018
Authorities of the Bank of Guatemala (Banguat) informed that the Guatemalan economy will close 2018 with a nearly 3% growth, however, for next year is expected that the increase in GDP will be in the range between 3% and 3.8%. ¿Busca soluciones de inteligencia comercial para su empresa?Do you need to keep track of the key economic indicators in Central America?Request more information about our Regional Economic Monitor. Need assistance? Contact us
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Economic Growth Revised DownwardJuly 2018 Due to the eruption of the Volcano of Fire and suspension of the operations of the San Rafael mining company, combined with a drop in the international prices of sugar, coffee and natural rubber, the economy is expected to grow less in 2018. Difficulties for the Guatemalan EconomyJune 2018 The poor performance of the mining sector and the decline in the export price of sugar and coffee could have a negative impact on the outlook for economic growth this year. Guatemala: Economy to Grow between 3% and 3.8%May 2018 Explained by the dynamics of economic activity and the flow of family remittances, the Central Bank estimates that this year the economy will grow between 3% and 3.8%. Guatemala: Economic Outlook 2017December 2016 The Bank of Guatemala has left the monetary policy rate unchanged, citing uncertainty and weakness in the international context, and expects growth of 4.9% in GDP in 2017.
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