Guatemala: Inflation eases in August
September 8, 2017
Consumer prices fell 0.30% in August from a month earlier, contrasting July’s 1.51% increase. August’s decline was the result of a sharp decrease in food prices.
Inflation came in at 4.7% in August, which was below July’s 5.2% reading. That said, inflation returned to within the Central Bank’s tolerance margin of plus/minus 1.0 percentage point around its 4.0% target.
Author: Christopher Mc Innes, Economist