Slight Recovery in Guatemalan Construction Industry

The Monthly Index of Construction Economic Activity reported positive results in the last quarter of 2010.

Friday, January 28, 2011

The Index posted positive numbers in October 2010 with 0.9%, 3.1% in November and in December it closed at 10%.

Jorge Montenegro, president of the Guatemalan Chamber of Construction, said, according to the article published by Prensalibre.com: "We hope it is the beginning of an upturn for the industry and that should restore confidence in investment in the country."

Since the calculation of the index began in August 2008, is the first time it does not show negative figures.

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