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.
Author: Jan Lammersen, Economist