Guatemala Inflation March 2018


Guatemala: Inflation closes in on Banguat target midpoint in March

April 7, 2018

Consumer prices rose 0.23% from a month earlier in March, rebounding from February’s 0.20% month-on-month decline. March’s reading recorded price hikes across nearly all categories but was driven largely by higher food and health care prices.

Inflation eased to 4.1% in March from 4.2% a month earlier. As a result, inflation closed in on the midpoint of Banguat’s target range of 4.0% plus/minus 1.0 percentage point. Additionally, annual average inflation ticked down to 4.1% from 4.2%.

Banguat expects inflation to end 2018 at 4.3% and 2019 at 4.5%. FocusEconomics panelists see inflation ending next year at 4.1%, which is down 0.1 percentage points from last month’s forecast. For 2019, our panelists expect inflation to again end the year at 4.1%.


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Guatemala Inflation Chart

Guatemala Inflation March 2018

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

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