Transport and Manufacturing Boost the Economy

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.

Friday, May 10, 2019

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%.

The report of the Central Bank states that "... The economic activity measured by the IMAE estimate in March 2019, showed a growth rate of 2.7% (1.8% in March 2018).

The described behavior was influenced by the growth shown by the following economic activities: Transportation, storage and communications; Manufacturing industries; Wholesale and retail trade; and Private services.

On the other hand, the cycle-trend series registered a 3.1% year-on-year growth rate, more dynamic than the observed in the same month of the previous year (2.8%).


See full report.

More on this topic

Trade and Services Boost Guatemalan Economy

June 2019

In Guatemala, the economic activity reported a 2.8% year-on-year growth rate in the fourth month of the year, mainly because of the behavior of the Wholesale and Retail Commerce and Private Services sector.

After the 2.7% increase in economic activity reported by the Banco de Guatemala in March, in the third month of the year, represented an acceleration since in February 2019 the variation was only 1.9%, the 2.8% in April is a continuation of the positive path of the economy.

Economic Activity Grows Less

April 2019

After recording in the first month of 2019 a 3.2% year-on-year increase in economic activity, in February of this year the IMAE closed with a 1.9% increase.

From the Bank of Guatemala report:

The economic activity measured by the estimation of the IMAE, in February 2019, showed a 1.9% growth rate (2.7% in February 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.

Commercial Sector Dynamizes Economic Activity

January 2019

During November 2018, economic activity in Guatemala reported a 3.3% increase over the same month in 2017, mainly because of the performance of wholesale and retail trade.

From the Bank of Guatemala report:

The economic activity measured by the estimation of the IMAE in November 2018, showed a 3.4% growth rate (2.4% in November 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


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

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

Commodities

(Aug 21)
Brent Crude Oil
60.570
Coffee "C"
97.4
Gold
1,501
Silver
17.04