Guatemala Inflation February 2019

Guatemala

Guatemala: Inflation picks up in February

March 8, 2019

Consumer prices increased 0.14% month-on-month in February, a markedly softer rise in prices than January’s 1.35%. The result reflected a noticeable increase in transportation costs being largely offset by lower prices for food; furniture and household items; and education.

Inflation rose from 4.1% in January to 4.5% in February and moved closer to the upper limit of the Central Bank’s 3.0%–5.0% target range. Meanwhile, annual average inflation was stable at January’s 3.7% in February.

Banguat expects inflation to end 2019 at 4.0%. FocusEconomics panelists see inflation ending 2019 at 3.7%, which is unchanged unchanged from last month’s forecast. For 2020, our panelists expect inflation to end the year at 3.4%.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation February 2019

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


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