UPDATE 1-Panama July economic growth dips to 3.82 pct yr/yr

jueves 25 de septiembre de 2014 01:27 GYT
 

(Adds details on growth)

PANAMA CITY, Sept 24 (Reuters) - Panama's economy cooled in July, growing 3.82 percent compared with the same month last year, the government said late on Wednesday.

July's figure was well below the 5.56 percent pace seen in June, due to weakness in mining, construction and manufacturing sectors.

Economic growth has been cooling in Panama after $15 billion of infrastructure projects, mainly for the expansion of the Panama Canal, helped lift economic growth to one of the fastest rates in Latin America in recent years

In the January-July period, Panama's economy grew 4.29 percent compared with the same period last year.

Panama expects the economy to grow around 7 percent in 2014. (Reporting by Elida Moreno; Editing by Jacqueline Wong)