Trade and Services Boost Economic Activity

In August, the IMAE in Guatemala registered a 3.7% year-on-year variation, influenced by wholesale and retail trade activities, and private services.

Friday, October 11, 2019

The economic activity measured by the estimation of the IMAE, in August 2019, showed a 3.7% growth rate, variation that is slightly lower compared to the 3.8% registered in the eighth month of 2018, explains the report of the Banco de Guatemala.

The official document states that "... Such behavior was influenced by the positive result experienced, mainly, by the following economic activities: Wholesale and retail trade; private services; manufacturing industries; and financial intermediation, insurance and auxiliary activities.

The trend cycle series registered a 3.3% year-on-year growth rate, less dynamic than that observed in the same month of the previous year.
"

See full report.

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Trade and Agriculture Boost Economic Activity

November 2019

In September, the IMAE in Guatemala registered a 4.2% inter-annual variation, influenced by wholesale and retail trade activities, and Agriculture, livestock, hunting, forestry and fishing.

The economic activity measured by the estimation of the IMAE, in September 2019, showed a 4.2% growth rate, variation that is greater in comparison to the 3.6% registered in the ninth month of 2018, explains the report of the Banco de Guatemala.

Services and Industry Boost Economic Activity

August 2019

In Guatemala, the Economic Activity Index registered year-on-year growth of 3.1% in June, explained in part by the variations of Private Services and Manufacturing Industries.

According to the report of the Banco de Guatemala the economic activity measured by the estimation of the IMAE, reported a deceleration in June 2019, since it registered a 3.1% growth rate, increase that is lower to the variation of 3.5% reported in May of this year.

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 Up 2.8%

December 2017

Transport, storage and communications explained most of the variation in the economic activity index in October, which registered a 2.8% increase compared to the same month in 2016.

From a report by the Bank of Guatemala:

Economic activity measured by estimating the IMAE, up to October 2017, showed growth of 2.8%  (1.7% in October 2016). [GRAFICA caption = "Click to interact with graphics"]

 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

(Nov 27)
Brent Crude Oil
48.300
Coffee "C"
124.25
Gold
1,787
Silver
22.68