Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflationary pressures intensify in January

Consumer prices rose 1.35% over the previous month in January, a sharp increase from December’s 0.13% price rise. The result came on the heels of a marked increase in the price level for food, which offset steep declines in the prices for recreation and transport, which fell in tandem with the drop in oil prices in recent months.

Inflation also picked up from 2.3% in December to 4.1% in January, returning within the Central Bank’s 3.0%–5.0% target range. Meanwhile, annual average inflation remained virtually unchanged at 3.7% in January compared to 3.8% in December.

Guatemala Inflation Forecast

Banguat expects inflation to end 2019 at 4.0%. Met the why particular panelists see inflation ending 2019 at 3.7%, which is unchanged unchanged from last month’s forecast. For 2020, our panelists expect inflation to end the year at 3.4%.

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

Exchange Rate7.740.22 %Feb 14

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