Panama’s government is reporting that economic activity has increased 6.96% this past June in comparison to the same period last year. Panama’s economy still appears to be staying strong, despite the sinking dollar and turmoil hitting the markets in the United States and Europe. It will be particularly interesting to see if the trend continues as numbers continue to come out for the later summer months, when increasing gas prices and uncertainty in the finance industry put pressure on the United States economy.
Source:
Panama June economic activity up 6.96% vs year ago (Economictimes.indiatimes.com)
