Guatemala: Inflation unchanged in May
June 10, 2015
In May, consumer prices increased 0.20% over the previous month, which was below the 0.34% rise tallied in March. Annual headline inflation was level at April’s 2.6%. 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%.
At its 27 May monetary policy meeting, the Central Bank decided to leave the policy interest rate unchanged at 3.50%.
Author: Robert Hill, Economist