Guatemala Inflation


Guatemala: Inflation inches up in April

May 14, 2015

In April, consumer prices increased 0.34% over the previous month, which was above the 0.21% rise tallied in March. Annual headline inflation increased from March’s 2.4% to 2.6% in April. Inflation is still hovering well below the lower bound of the Central Bank’s tolerance margin of plus/minus 1.0 percentage points around its target of 4.0%.

At its 29 April monetary policy meeting, the Central Bank decided to leave the policy interest rate unchanged at 3.50%.

The Central Bank sees inflation ending this year between 1.75% and 3.75%, while it expects inflation to close 2016 between 2.5% and 4.5%. FocusEconomics Consensus Forecast panelists foresee inflation at 3.7% at the end of 2015, which is down 0.2 percentage points from last month’s estimate. The panel expects inflation of 3.9% at the end of 2016.

Author:, Economist

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Guatemala Inflation Chart

Guatemala Inflation April 2015

Note: Annual and monthly variation of consumer price index in %.
Source: National Statistical Institute

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