Weekly Report - 18 August 2016 (WR-16-32)

PARAGUAY | Consolidating economic recovery. The latest instalment of the monthly economic activity indicator (Imaep) compiled by Paraguay’s central bank (BCP) and released on 11 August, shows that domestic economic activity in June increased by 6.7%. With the June figure the accumulated Imaep results (a GDP proxy measure that does not include the agricultural sector) for the first half of the year has reached 3.8% as the growth in economic activity appears to have consolidated in the sixth month of the year.