Guatemala: Economic activity gains steam in February
Latest reading: Economic activity rose 4.5% on a year-on-year basis in February, following 4.1% growth in the previous month.
This result was mainly explained by the increase in activities related to trade and vehicle repair; manufacturing industries; construction; real estate activities; and financial and insurance activities.
Looking at other economic indicators, merchandise exports growth gained steam in February, expanding 8.4% following January’s 6.9% expansion. On the downside, remittance inflows growth lost traction, clocking 4.0% growth in February, down from 7.5% growth in January.