Guatemala: Inflation moderates in October
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.