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During the first quarter of this year, economic activity measured by gross domestic product (GDP) recorded an interannual growth of two percentage points
However, it is the lowest quarterly expansion level of the last five years, has recognized the Bank of Guatemala (Banguat).
In addition, he noted that 2% is below the 3.2% achieved in the same period of 2017.
Stable Guatemala's economy, with the possibility of growth [19659002] The timid growth from January to March 2018 was linked to a certain boom in manufacturing, transportation services, hotels and restaurants, adds the Banguat report.
And points out that other factors have affected the resuscitation increased consumption in homes during the days of Holy Week and the dynamism of commercial activities related to architecture and the Engineering, communications, professional services, Similarly, points out that private consumption of households increased by 3% during this period, probably due to the constant influx of foreign currency for remittances families and remittances.
These two factors have had an impact on the demand for agricultural production and manufacturing goods, but also on the import of products such as home appliances and equipment goods for the past year. industry, communications and construction.
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