Guatemala Inflation September 2017

Guatemala

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.

The Central Bank sees inflation ending this year at 4.5% and next year at 4.3%. FocusEconomics panelists see inflation ending this year at 4.3%, which is up 0.1 percentage points from last month’s estimate. Next year, our panelists expect inflation at 4.1%, which is unchanged from last month’s forecast.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation September 2017 0

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


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