Guatemala: Economic Activity Grows at 3.4%

Trade and vehicle repair were the activities that, during November 2019, explained the 3.4% year-on-year variation in the IMAE.

Tuesday, January 14, 2020

In November last year, the Monthly Index of Economic Activity (IMAE) slowed down for the second consecutive month, from 4.3% to 3.7% between September and October, and in the eleventh month it fell to 3.4%, reported the Bank of Guatemala.

The official report states that "... The described behavior was influenced by the economic activities of Commerce and vehicle repair; manufacturing industries; real estate activities; financial and insurance activities; and, agriculture, livestock, forestry and fishing.

Activities that had the greatest incidence in the IMAE. The series of the Trend-Cycle registered a 3.7% year-on-year growth rate, a more dynamic result than the same month of the previous year.

See full report (in Spanish).

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More on this topic

Guatemala: Economic Activity Accelerates at the Beginning of 2020

March 2020

During January, IMAE registered a year-on-year variation of 3.6%, up from 3.4% at the end of 2019.

The growth rate of the Monthly Index of Economic Activity (IMAE) reported in the first month of 2020 is also higher than that recorded in January 2019, when the year-on-year change was 3.2%.

Construction Improves Economic Activity

December 2019

In October 2019, the Monthly Index of Economic Activity in the Dominican Republic reported a 5.2% year-on-year increase, explained by the construction and exploitation of mines and quarries.

The Monthly Indicator of Economic Activity (IMAE) shows for the second consecutive month a growth above the potential, recording a 5.2% year-on-year variation in October 2019 after having expanded by 5.1% in September, reported the Central Bank of the Dominican Republic (BCRD).

Economic Activity Up 4% at the Beginning of 2019

March 2019

Because of the performance of the Financial Intermediation and Agriculture and Livestock sectors, economic activity reported a 4% year-on-year increase in January 2019.

From the report of the Central Bank of Honduras:

In the first month of the year, the national production of goods and services grew 2.9% (4.1% to January 2018), measured through the original series of the Monthly Economic Activity Index (IMAE); on the other hand, the trend cycle series revealed a 4.0% year-on-year rate (3.8% in January 2018).

Guatemala: Economic Activity Accelerates

February 2019

After recording at the end of 2017, a 2.6% year-on-year increase in economic activity, in December last year the IMAE closed a 3.3% increase.

The most recent figures estimated by the Bank of Guatemala (Banguat) specify that between November and December last year, economic activity registered a 5.7% increase.

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