Guatemala Inflation September 2018

Guatemala

Guatemala: Inflation rises in September

October 30, 2018

Consumer prices rose 0.60% in September over the previous month, up from August’s 0.44% increase. Eight of the 12 components registered an increase in price levels, with food prices rising particularly steeply, followed by less steep increases in prices for health and alcoholic beverages.

Inflation jumped from 3.4% in August to 4.6% in September, moving closer to the upper limit of the Central Bank’s 3.0%–5.0% target range.

Banguat expects inflation to end 2019 at 4.3%. FocusEconomics panelists see inflation ending 2019 at 4.0%, which is up 0.1 percentage points from last month’s forecast. For 2020, our panelists expect inflation to end the year at 3.8%.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation September 2018

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


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