Colorful city in Guatemala

Guatemala Inflation July 2018

Guatemala: Inflation comes in below Central Bank’s target range in July

Consumer prices in Guatemala increased 0.36% in July over the previous month, easing from June’s 0.57% increase. The result came on the back of lower prices for transport, recreation and culture, and clothing and footwear. Prices for food increased, but at a softer pace.

Inflation fell from 3.8% in June to 2.6% in July, which is below the lower bound of Banguat’s target range of 3.0%–5.0%. This marked both the lowest print and the first time inflation came in below the target range since November 2015.

Guatemala Inflation Forecast

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