Colorful city in Guatemala

Guatemala Inflation February 2021

Guatemala: Inflation increases in February

Consumer prices increased 0.32% over the previous month in February, picking up from the 0.15% increase recorded in January. The print reflected marked rises in housing and transport prices.

Inflation rose to 6.0% in February, from January’s 5.2%. February’s figure marked the highest inflation rate since December 2011. Meanwhile, the trend pointed up, with annual average inflation coming in at 3.9% in February (January: 3.5%).

Commenting on the inflation outlook, Joan Domene, senior economist at Oxford Economics, stated: “Temporary shortages of food and some tradable goods added pressure to consumer prices during the lockdowns. However, lower energy prices and ample economic slack should contain inflation well within the central bank’s 4% +/-1% target range.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest