Guatemala Inflation January 2017


Guatemala: Inflation falls again in January

February 8, 2017

In January, consumer prices increased 0.5% from the previous month, following December’s flat reading. While prices rose in nine of the twelve major components that make up the index, with food prices registering the strongest increase, these were partly offset by a sizeable drop in transport prices.

January’s inflation came in at 3.8%, which was below December’s 4.2%. Inflation remains 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%. FocusEconomics panelists see inflation ending the year at 4.1%, which is unchanged from last month’s estimate. Next year, the panel also expects inflation of 4.1%.

Author:, Economist

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Guatemala Inflation Chart

Guatemala Inflation January 2017

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

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