Colorful city in Guatemala

Guatemala Inflation March 2024

Guatemala: Inflation falls to over two-year low in March

Inflation inched down to 3.2% in March, following February’s 3.3%. March’s result represented the weakest inflation rate since February 2022. Looking at the details of the release, prices for food and alcoholic beverages, as well as clothing and footwear, increased at a more moderate rate in March. That said, prices for housing, electricity, water and fuels rose at a stronger clip.

As a result, the trend pointed down, with annual average inflation coming in at 4.7% in March (February: 5.2%).

Finally, consumer prices rose 0.31% from the previous month in March, accelerating from February’s 0.14% increase. March’s figure was the highest reading since October 2023.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest