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Panama Economic Activity June 2024

Panama: Economic activity growth slows in June

Economic activity increased 1.9% compared to the same month of the previous year in June, which followed May’s 3.9% increase. Advance estimates suggest that activity in the trade, construction, manufacturing, agricultural, and mining and quarrying sectors declined, while the transportation and storage, financial, and fishery sectors expanded at a quicker pace during the month.

Meanwhile, the trend pointed down, with the annual average growth of economic activity coming in at 3.5% in June, down from May’s 3.7%.

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