Private Services Dynamize Economic Activity

During October, economic activity in Guatemala reported a 3.3% increase over the same month in 2017, mainly because of the performance of private services and wholesale and retail trade.

Thursday, December 6, 2018

The Banco de Guatemala (Banguat) reported that the economic activity according to the IMAE estimation, in October 2018, showed a 3.3% growth rate (3.7% in October 2017).

According to Banguat, such behavior was influenced by the positive result experienced, mainly, by the following economic activities: Private services, Wholesale and retail trade, Transportation, storage and communications, Manufacturing industries, Agriculture, livestock, hunting, silviculture and fishing.

The report details that the cycle-trend series registered a 3.4% year-on-year growth rate, higher to the registered in the same month of the previous year (2.6%).

See full report.

Do you need more information about your business sector?


Request more information about our services:

Name:

Last Name:

Company:

Title:

Phone:

Email:

Comments:

More on this topic

Guatemala: Economic Activity Accelerates

July 2019

After economic activity in April reported a 2.8% year-on-year growth, in May the variation was 3.3%, mainly because of the behavior of commercial activity.

The document prepared by the Banco de Guatemala explains that "... The economic activity measured by the estimation of the IMAE in May 2019, showed a 3.3% growth rate (3.8% in May 2018).

Transport and Manufacturing Boost the Economy

May 2019

In Guatemala the economic activity reported the third month of the year a 2.7% year-on-year growth rate, mainly because of the behavior of the Transportation and Manufacturing Industries sector.

The 2.7% increase in economic activity reported by the Banco de Guatemala in the third month of the year, represents an acceleration since in February 2019 the variation was only 1.9%.

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.

Guatemala: 3% Increase in Economic Activity

November 2018

In September, economic activity reported a 3% increase over the same month in 2017, mainly because of the performance of the transport and commerce sector.

The Banco de Guatemala reported that the economic activity measured by the estimation of the IMAE in September 2018, presented a growth rate of 3.0% (2.3% in September 2017).

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Sep 20)
Brent Crude Oil
63.75
Coffee "C"
101.95
Gold
1,517
Silver
17.955