Guatemala Inflation September 2019

Guatemala

Guatemala: Inflation eases in September

October 30, 2019

Consumer prices fell 0.58% month-on-month in September, softening from the 0.86% decrease in August. The print was driven by significantly lower food prices offsetting more expensive transportation costs.

Inflation, meanwhile, dropped from 3.0% in August to 1.8% in September, the lowest reading since January 2010. Consequently, annual average inflation eased to 3.8% from 4.0% in August.

Banguat expects inflation to end 2020 at 4.0%. FocusEconomics panelists also see inflation ending 2020 at 3.8%, which was unchanged from the previous month’s forecast. For 2021, our panelists expected inflation to end the year at 4.0%.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation September 2019

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


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