After registering average increases of almost 4% in the first four months of the year, during May the IMAE reported a weak increase of 0.76% compared to the same month in 2017.

From a statement issued by the General Comptroller of the Republic:

The Monthly Index of Economic Activity (IMAE) in the Republic, for January-May 2018, grew by 3.17%, compared to the same period in 2017. The interannual monthly variation for May 2018 was 0.76%, compared to the same month in the previous year.  

In the period of January-May, the main categories of economic activity that showed favorable performances were: fishing, transport, storage and communications, electricity and water, public administration and commerce.

If we observe the categories by their weight we can see that commercial activity, showed a positive behavior, mainly in wholesale trade. Transportation and communications services performed well, mainly through the Panama Canal, international passenger transport by air, and telecommunications. 

See full report (In Spanish).