Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation returns to Central Bank’s target range in August

Consumer prices rose 0.44% in August over the previous month in Guatemala, up from July’s 0.36% increase. Of the 12 components, nine registered an increase in price levels, with food prices rising at a particularly quick pace. Moreover, two components saw a decrease in price levels while the price of education was unchanged.

Inflation jumped to 3.4% in August from 2.6% in the month before, returning to the Central Bank’s target range of 3.0%–5.0%.


Guatemala Inflation Forecast


Banguat expects inflation to end 2018 at 4.0% and 2019 at 4.3%. Met the why particular panelists see inflation ending this year at 3.7%, which is down 0.1 percentage points from last month’s forecast. For 2019, our panelists expect inflation to end the year at 4.0%, down 0.1 percentage points from last month.

Guatemala - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)4.3  3.4  2.4  4.5  4.4  

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Guatemala Inflation Chart


Guatemala Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Institute and Met the why particular calculations.

Guatemala Facts

ValueChangeDate
Exchange Rate7.740.22 %Oct 12

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