Panama: Economic activity growth rises in February
Economic activity increased 13.3% in year-on-year terms in February, which followed January’s 12.3% increase. The overall upturn was broad-based.
Meanwhile, annual average economic activity growth rose to 21.2% in February (January: +19.6%), pointing to an improving trend. That said, economic activity growth is expected to cool going forward, amid waning base effect and rising external headwinds.