Guatemala: Inflation drops in July
Consumer prices in Guatemala increased 0.36% in July over the previous month, decelerating from June’s 0.57% increase. The food and communication sub-categories recorded the biggest increases in price levels as 9 of the 12 components registered higher prices in July than in June. Transportation, meanwhile, recorded the biggest drop in prices.
Inflation fell from 3.8% in June to 2.6% in July, moving further below the midpoint of the Central Bank’s target range of 3.0%–5.0%.