In January, the Economic Activity Confidence Index registered a 39% increase compared to the same month in 2019, reinforcing the upward trend that has been reported since July 2019.
An inflationary rhythm of 3.72% is forecast for January, 3.71% for February and 3.84% for March 2020.
In Guatemala, about 2% of the total vehicle fleet units are registered on behalf of 30 companies, including Tropigas, Seguros G&T and Arrendadora Centroamericana.
From the report "Vehicle fleet in Central America, with details of the business fleet", the unit of Trade Intelligence of CentralAmericaData collects the most updated information of the automotive market in Central American countries.
A few days before the new government takes office in Guatemala, the Economic Activity Confidence Index reported a 21% year-on-year growth.
Figures from the Bank of Guatemala indicate that in December 2019 the country's Confidence in Economic Activity Index (Icae) reported a considerable increase compared to the same month in 2018, a performance that reinforces the upward trend it has been registering since July last year.
Guatemala was the only country in the region that improved its position in the global ranking monitoring businessmen's conditions for doing business, while the others went backwards.
The World Bank released the results of the Doing Business 2020 report, which measures the regulations that favor or restrict the development of business activity in different countries.
For Guatemalan businessmen, in order to have solid institutions in the country, aspects of the electoral system, civil service, justice sector and public expenditure must be modernized, strengthened and regulated.
On October 10, the National Meeting of Businessmen for Development (ENADE 2019) was held, which dealt with the theme "From a Liquid State to a Solid State."
After registering year-on-year rises of 7% and 6% in July and August, respectively, in September the Confidence in Economic Activity Index in Guatemala showed a 7% variation.
An inflationary rhythm of 4.08% is forecast for September, of 4.22% for October and of 4.29% for November 2019. Regarding December 2019 and 2020, the Panel foresees an inflationary rhythm of 4.43% and 4.46%, in that order, the report of the Banco de Guatemala needs.
From 5 to 10 October, Guatemalan businessmen from the agricultural sector will travel to Madrid to make several business appointments with potential Spanish buyers, and also know the trends in the supermarket sector.
Spain is a market with an interest in export products such as mango, avocado, roasted and green coffee, fresh vegetables and exotic fruits, some of the products most demanded by Spanish buyers, reported Agexport.
From July 22nd to 25th, Guatemalan companies focused on mass consumption will meet with Dominican buyers, and will learn about market trends through visits to major supermarkets.
The mission, organized by the Guatemalan exporters' guild, is aimed at national companies focused on mass consumer products, who will have the opportunity to have business appointments with Dominican buyers, hold meetings with institutions in the destination country, and learn about market trends.
On May 24, a delegation of 12 companies from the South American country will visit Guatemala to offer local distributors foods such as avocado, apples, asparagus, blueberries and others.
The event, promoted by the Guatemalan Chamber of Commerce, will be held in a hotel south of the Guatemalan capital.
After March 2019, the Confidence in Economic Activity Index reported a 6% y-o-y decrease, in April the variation was of 4% regarding the same month of 2018.
The report of the Banco de Guatemala explains that during April "... an inflationary rhythm of 4.26% was forecast for April and of 4.32% for May as well as for June 2019. Regarding December 2019 and 2020, the Panel foresees an inflationary rhythm of 4.38% and 4.46%, in that order. In addition, for a 12 and 24-month horizon (April 2020 and April 2021) the Panel forecasts an inflationary rhythm of 4.32% and 4.30%, respectively.
The objective of the group is to improve the quality of services provided by companies dedicated to the organization of events and improve their recognition nationally and internationally.
As part of the Agritrade Expo & Conference 2019, the first live auction of differentiated Guatemalan coffee will be held on February 20.
From the Agexport statement:
AGRITRADE Expo & Conference 2019: First Live Coffee Auction in Guatemala
A Coffee Trade that will have a live auction to ease the business of differentiated Guatemalan coffee; a pavilion of plants and flowers; vegetables and fruits that will be known through Guatemalan chefs cooking the flavor that exceeds expectations, and 10 more activities, will be presented in the XIX Edition of AGRITRADE Expo & Conference, to more than 150 international buyers. Guatemala's exportable agricultural offer will be present and will seek to generate business for US$ 65 million in the short and medium term.
After December 2018, the Confidence in Economic Activity Index in Guatemala reported an 8% year-on-year increase, in January the variation was -3% regarding the same month in 2017.
The Bank of Guatemala Report summarizes that "... An inflationary rhythm of 3.34% is forecast for January, 3.47% for February and 3.56% for March 2019. Regarding December 2019 and 2020, the Panel foresees an inflationary rhythm of 3.95% and 4.19%, in that order. In addition, for a horizon of 12 and 24 months (January 2020 and January 2021) the Panel forecasts an inflationary rhythm of 4.03% and of 4.07%, respectively.
On March 14 and 15, an international convention will be held in Panama City, focusing on issues related to the evolution of shopping centers in Latin America and the Caribbean.
The event called " 1st International Congress of Shopping Centers" is organized by the Panamanian Association of Shopping Centers (APACECOM) and aims to discuss issues related to the relevance of customer loyalty through knowledge and digital engagement, how to create successful stores from the perspective of visual merchandising, exploring the impact of shopping centers in intermediate cities, among others.
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