Guatemala: Economic activity stable in January
Economic activity fell 0.74% on a monthly basis in January, according to Banguat’s monthly index of economic activity (IMAE, Índice Mensual de la Actividad Económica), contrasting December’s 0.74% rise.
On an annual basis, economic activity grew 3.0%, which was in-line with December’s reading. January’s reading was largely due to growth in the transport sector, as well as in retail and wholesale trade. Meanwhile, annual average growth in economic activity ticked down to 3.0% from 3.1% a month earlier.