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).
The described behavior was influenced by the growth shown by the following economic activities: Wholesale and retail trade; manufacturing industries; private services; and agriculture, livestock, hunting, forestry and fishing.
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.
Trade and Financial Intermediation are the sectors that accounted for most of the increase recorded in the economic activity index during the fifth month of the year.
From the monthly report by Banco de Guatemala:
Economic activity measured by the IMAE estimate in May 2018 showed a growth rate of 2.6% (2.2% in May 2017).
Manufacturing and transportation were the sectors that accounted for most of the variation in the economic activity index during the fourth month of the year.
From a report by the Bank of Guatemala:
The economic activity measured by the IMAE estimate, in April 2018, showed a growth rate of 2.3% (1.7% in April 2017).
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).
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"]
Transport and private services were the sectors that accounted for most of the positive variation in the economic activity index.
From a report by the Bank of Guatemala:
The economic activity measured by the IMAE estimate, in December 2017, showed a growth rate of 3.1% 1 (4.1% in December 2016). [GRAFICA caption = "Click to interact with graph"]
Trade, private services and the manufacturing industry were the sectors that accounted for most of the positive variation in the economic activity index.
From a report by the Bank of Guatemala:
The economic activity measured by the IMAE estimate, in November of 2017, showed growth of 2.3% (3.2% in November 2016).[GRAFICA caption = "Click to interact with graph"]