Guatemala Inflation January 2021

Guatemala

Guatemala: Inflation hits highest level since November 2020 in January

February 9, 2021

Consumer prices increased 0.15% from the previous month in January, swinging from December's 0.01% drop. The print was driven by a strong rise in transportation prices.

Inflation came in at 5.2% in January, from December’s 4.8%. January's figure represented the highest inflation rate since November 2020. Annual average inflation rose to 3.5% in January (December: 3.2%).

FocusEconomics panelists see inflation ending 2020 at 3.4%. For 2021, our panelists expect inflation to end the year at 3.7%.


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Guatemala Inflation Chart


Guatemala Inflation January 2021

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


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