Guatemala: Inflation stable in March
April 8, 2015
In March, consumer prices increased 0.21% over the previous month, which was below the 0.31% rise tallied in February. Annual headline inflation remained stable at February’s 2.4%. Inflation is still hovering well below the lower bound of the Central Bank’s tolerance margin of plus/minus 1.0 percentage points around its target of 4.0%.
At its 25 March monetary policy meeting, the Central Bank decided to leave the policy interest rate unchanged at 3.50%.
Author: Cecilia Simkievich, Economist