Guatemala: Inflation ticks down further in September
October 9, 2017
Consumer prices fell 0.55% in September from a month earlier, intensifying from August’s 0.30% decline. September’s decline was the result of a sharp fall in food prices. Interestingly, transport prices rose in the month.
Inflation came in at 4.4% in September, which was below August’s 4.7% reading. That said, inflation remained within the Central Bank’s tolerance margin of plus/minus 1.0 percentage point around its 4.0% target.
Author: Christopher Thomas, Economist