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.
Author: Christopher Mc Innes, Economist