Guatemala Inflation August 2021


Guatemala: Inflation plunges to lowest level since July 2020 in August

September 9, 2021

Consumer prices increased 0.21% from the previous month in August, following the 0.33% rise seen in July. This came on the back of a marked drop in transport prices, partly offsetting a rise in the price level for furniture and household items as well as for food.

Inflation fell to 3.6% in August, from July’s 3.8%. August's reading represented the weakest inflation rate since July 2020. In addition, the trend pointed down mildly, with annual average inflation coming in at 4.9% in August (July: 5.0%).

FocusEconomics panelists see inflation ending 2020 at 3.4%. For 2021, our panelists expect inflation to end the year at 3.7%.


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Guatemala Inflation Chart

Guatemala Inflation August 2021

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

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