Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation picks up in February

Consumer prices increased 0.14% month-on-month in February, a markedly softer rise in prices than January’s 1.35%. The result reflected a noticeable increase in transportation costs being largely offset by lower prices for food; furniture and household items; and education.

Inflation rose from 4.1% in January to 4.5% in February and moved closer to the upper limit of the Central Bank’s 3.0%–5.0% target range. Meanwhile, annual average inflation was stable at January’s 3.7% in February.

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 Rate7.640.22 %Apr 12

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