Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation climbs higher in April

Consumer prices rose 0.26% month-on-month in May, down from the 0.60% increase in April. The print reflected robust housing prices, which were partially offset by a noticeably softer rise in transport costs.

Inflation, meanwhile, edged down to 4.5% in May from 4.8% in April and moved closer to the midway point of the Central Bank’s 3.0%–5.0% target range. Annual average inflation was stable at April’s 3.8% in June.

Banguat expects inflation to end 2019 at 4.0% and 2020 at 4.3%. FocusEconomics panelists see inflation ending 2019 at 4.0%, which was up 0.2 percentage points from the previous month’s forecast. For 2020, our panelists expected inflation to end the year at 3.6%.

Guatemala - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)4.3  3.4  2.4  4.5  4.4  

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Guatemala Inflation Chart

Guatemala Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Institute and FocusEconomics calculations.

Guatemala Facts

Exchange Rate7.680.22 %Jul 11

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