Positive Panama 2008 Eco-Activity
Panama - The Monthly
Index of Economic Activity (IMAE) of Panama grew 8.27 percent from
January to November of 2008, informed official sources.
According to comptroller reports the growth was due to the high
performance of mining and quarries, construction, transportation,
storage and communications, hotels and restaurants.
Also noteworthy in that period was trade, real estate and other
community, social and personal services. The sector of electricity
and water presented a positive rate due to the increase of hydraulic
energy as well as a larger invoicing of water consumption.
In the mean time, the manufacturing industry presented increases in
making paper, non metal mineral products and meats and alcoholic
beverages.
Other sectors that supplied growth to the economy during the period
analyzed were fishing, brokerages and public administration.
However, the index in November registered 3.47 percent demonstrating
a deceleration in relation to the 4.75 percent increase registered
in October.
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