Guatemala Inflation October 2018

Guatemala

Guatemala: Inflation moderates in October

November 7, 2018

Consumer prices rose 0.34% in October over the previous month, down from September’s 0.60% increase. Seven of the 12 components registered an increase in price levels, with transport prices rising particularly steeply, followed by less steep increases in prices for recreation; housing; and food. Meanwhile, three components registered lower prices and one component saw prices unchanged.

Inflation eased to 4.3% in October from 4.6% in September, moving closer to the midpoint of the Central Bank’s 3.0%–5.0% target range.

Banguat expects inflation to end 2019 at 4.3%. FocusEconomics panelists see inflation ending 2019 at 4.0%, which is up 0.1 percentage points from last month’s forecast. For 2020, our panelists expect inflation to end the year at 3.8%.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation October 2018

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


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