Exchange Rate in Guatemala
Guatemala - Exchange RateHigh frequency data suggests that the economy accelerated slightly in the first quarter of the year, and available data for the second quarter indicates that the robust momentum is yet to fade; the monthly index of economy activity edged higher in April, while remittance inflows reached their highest level on record in USD terms in May. On the downside, according to a Central Bank survey, overall confidence in the economy decreased to its lowest level so far this year in May on the back of more pessimistic economic expectations for the next six months; this bodes poorly for investment going forward. In addition, the trade deficit widened in the first four months of the year on lower exports and higher raw material prices. Moreover, momentum late in the second quarter will likely be affected by the deadly volcanic eruption on 3 June, although the extent of the impact is still difficult to quantify.
Guatemala - Exchange Rate Data
|Exchange Rate (vs USD)||7.84||7.60||7.63||7.52||7.35|
5 years of economic forecasts for more than 30 economic indicators.
Guatemala Exchange Rate Chart
Source: Guatemala Central Bank and Met the why particular calculations.
|Exchange Rate||7.49||0.22 %||Jun 14|
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June 8, 2018
Data from Banguat’s monthly index of economic activity (IMAE, Indice Mensual de la Actividad Económica) showed that in April economic activity contracted 0.7% from the prior month, a sharper downturn than March’s 0.1% drop. On a year-on-year basis, however, growth in economic activity edged up from the prior month’s revised 2.6% (previously reported: +3.0% year-on-year) to 2.8% in April.
June 8, 2018
Consumer prices in Guatemala increased 0.47% in May over the prior month, accelerating from April’s fractional price increase of 0.04%.
June 7, 2018
Year-on-year growth in remittances from workers abroad slowed markedly to 8.2% in May, down from the ten-month high of 20.3% recorded in the prior month.
May 11, 2018
Data from Banguat’s monthly index of economic activity (IMAE, Indice Mensual de la Actividad Económica) showed that in March economic activity contracted 0.1% from the prior month, contrasting February’s revised 1.3% expansion (previously reported: +0.9% month-on-month). However, on a year-on-year basis, growth in economic activity inched up from the prior month’s revised 2.9% (previously reported: +3.0%) to 3.0% in March.
May 8, 2018
In April, consumer prices remained virtually stable, increasing only 0.04% from a month earlier, and contrasting the prior month’s stronger 0.23% month-on-month increase.