Guatemala Inflation April 2017


Guatemala: Inflation accelerates in April

May 12, 2017

In April, consumer prices in Guatemala increased 0.26% from the previous month, up from March’s 0.24% increase. Prices rose in all but one of the twelve major categories that make up the index, with food and alcohol prices registering the strongest increase.

April’s inflation came in at 4.1%, which was up from March’s 4.0% reading. Inflation remains within the Central Bank’s tolerance margin of plus/minus 1.0 percentage point around its 4.0% target.

At its 26 April monetary policy meeting, the Central Bank decided to leave its policy rate unchanged at 3.00%.

The Central Bank sees inflation ending this year at 4.5% and next year at 4.25%. FocusEconomics panelists see inflation ending the year at 4.1%, which is unchanged from last month’s estimate. Next year, the panel also expects inflation of 4.0%.

Author:, Economist

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Guatemala Inflation Chart

Guatemala Inflation April 2017

Note: Annual and monthly variation of consumer price index in %.
Source: Central Bank of Guatemala.

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