Transport and Services Boost Economic Activity

Influenced in part by the performance of the transportation and services sectors, economic activity in Guatemala reported a year-on-year growth of 3.4% in July.

Friday, September 21, 2018

The behavior in the seventh month of the year was influenced by growth shown by the following economic activities: Transportation, storage and communications, Wholesale and retail trade, Private services and the Manufacturing industries.

The economic activity measured by the IMAE estimate in July 2018 showed a growth rate of 3.4% (3.5% in July 2017), explained Banco de Guatemala in its most recent report.

The document adds that the seasonally adjusted series registered, in July 2018, a variation rate of 1.1% with respect to the previous month (-0.1% in June 2018), while the trend-cycle recorded a year-on-year growth rate of 3.2%, more dynamic than that observed in the same month in the previous year (2.6%).

See full report (In Spanish).

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More on this topic

Guatemala: Economic Activity Up 2% as of March 2018

May 2018

Trade and private services, were the sectors that accounted for most of the variation in the index of economic activity during the third month of the year.

From a report by the Bank of Guatemala:

Economic activity measured by the IMAE estimate, in March 2018, showed a growth rate of 2.0% (3.9% in March 2017).

Honduras: Economic Activity Up 3.4% as of January 2018

March 2018

Explained by the behavior of financial services and the manufacturing industry, during the first month of the year, economic activity registered a year-on-year increase of 3.4%.

The Central Bank of Honduras reported that "... In January 2018, the national production of goods and services measured through the Monthly Index of Economic Activity (IMAE), in its original series, reflected growth of 3.4% (5.7% in the same month of the previous year); and in the cycle trend series reported an interannual rate of 3.7% (4.9% in January 2017). "[GRAFICA caption = "Click to interact with graph"]

Guatemala: Economic Activity Up 2% in January 2018

March 2018

Transport, private services and trade were the sectors that accounted for most of the variation in the economic activity index during the beginning of the year.

From a monthly report by Banco de Guatemala:

Economic activity measured by the IMAE estimate, in January 2018, showed a growth rate of 2.1% (2.8% in January 2017). [GRAFICA caption = "Click to interact with graph"]

Guatemala: Economic Activity Weakens

November 2017

In September 2017, economic activity grew at a rate of 2.8%, below the rate of 3.1% registered in the same month last year.

From a report by the Bank of Guatemala:

Economic activity measured by the IMAE estimate, as of September 2017, showed growth of 2.8% (3.1% in September 2016). [GRAFICA caption = "Click to interact with graphics"]

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