Panama: Economic activity rises at fastest pace in six months in April
Economic activity rose 2.9% year on year in April (March: +0.7% yoy). Looking at the details of the release, activity expanded in the trade, construction and manufacturing sectors. Meanwhile, the transportation and mining sectors saw output lose steam.
Meanwhile, annual average economic activity growth fell to 4.1% in April (March: +4.3%), pointing to a worsening trend.