Guatemala

Guatemala’s economic activity grew by 1.6% YoY in October, a slowdown from the 3.2% increase in September. The trade deficit widened to USD 1.490 bln in October, with imports slightly decreasing and exports falling to USD 1.004 bln. Remittances from overseas grew by 11.0% YoY in November, although there was a slight month-on-month decrease to USD 1.615 bln.