Guatemala Inflation June 2022

Guatemala

Guatemala: Inflation rises to near 11-year high in June

July 8, 2022

Consumer prices increased 1.83% from the previous month in June, picking up from the 1.31% increase seen in May. The reading was largely driven by rising prices for food and alcoholic beverages. In addition, price pressures for housing, electricity, water and fuels.

Inflation rose to 7.6% in June, above May’s 5.8%. June's reading was the highest inflation rate since August 2011. Annual average inflation ticked up to 4.0% in June (May: 3.7%).

FocusEconomics panelists see inflation ending 2022 at 4.0%. For 2022, our panelists expect inflation to end the year at 3.9%.


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Guatemala Inflation June 2022 0

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


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