Guatemala Inflation August 2017

Guatemala

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.

The Central Bank sees inflation ending this year at 4.5% and next year at 4.3%. FocusEconomics panelists see inflation ending the year at 4.3%, which is up 0.1 percentage points from last month’s estimate. Next year, our panelists expect inflation at 4.0%, which is down 0.1 percentage points from last month’s forecast.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation August 2017 0

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


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