Guatemala Inflation

Guatemala

Guatemala: Inflation ticks down in July

August 10, 2015

In July, consumer prices increased 0.51% over the previous month, which was above the 0.37% rise tallied in June and the highest tally in a year. Annual inflation inched down from 2.4% in June to 2.3% in July. As a result, 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%.

The Central Bank sees inflation ending this year at 2.75%, while it expects inflation to close 2016 at 3.5%. FocusEconomics Consensus Forecast panelists foresee inflation at 3.0% at the end of 2015, which is unchanged from last month’s estimate. The panel expects inflation of 3.3% at the end of 2016.


Author:, Economist

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Guatemala Inflation Chart


Guatemala Inflation July 2015

Note: Annual and monthly variation of consumer price index in %.
Source: National Statistical Institute


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