Americas > Central America > Guatemala > Guatemala Economic activity grows at steady pace in November,

Guatemala: Guatemala Economic activity grows at steady pace in November,

2016/01/16

In November, economic activity increased 4.1% over the same month of the previous year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de la Actividad Economica). The result matched the readings tallied in the three previous months.

Annual average increase in November came in at 4.4%, which as well matched October’s expansion. Annual average increase has been relatively steady in 2015, remaining within plus or minus 0.2 % points of 4.6%.

FocusEconomics Consensus Estimate participants see GDP growing 3.5% in 2016, which is down 0.1 % points from last month’s estimate. For 2017, panelists expect the economy to expand 3.6%.

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