Guatemala: Inflation picks up pace in July
August 7, 2017
In July, consumer prices increased 1.51% from the previous month, up from June’s 0.86% increase. Prices rose as a consequence of the steep increase in food prices.
Inflation came in at 5.2% in July, which was above June’s 4.4% reading. With this notable acceleration, inflation jumped slightly above the Central Bank’s tolerance margin of plus/minus 1.0 percentage point around its 4.0% target.
Author: Christopher Mc Innes, Economist