Inflation in Guatemala
Guatemala - Inflation
Inflation eases in July
Consumer prices fell 0.06% over the prior month in July, contrasting the 0.83% increase in June. The print reflected lower prices for alcoholic beverages; food; housing; furniture; and clothing. On the other hand, transportation and health costs rose higher in the month.
Inflation softened to 4.4% in July from 4.8% in June, moving more comfortably within the Central Bank’s 3.0%–5.0% target range. Annual average inflation, meanwhile, edged up to 4.1% in July from 3.9% in June.
Banguat expects inflation to end 2019 at 4.0% and 2020 at 4.3%. FocusEconomics panelists also see inflation ending 2019 at 4.0%, which was up 0.1 percentage points from the previous month’s forecast. For 2020, our panelists expected inflation to end the year at 3.9%.
Guatemala - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.3||3.4||2.4||4.5||4.4|
5 years of economic forecasts for more than 30 economic indicators.
Guatemala Inflation Chart
Source: National Statistical Institute and FocusEconomics calculations.
|Exchange Rate||7.69||0.22 %||Sep 04|
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September 4, 2019
Economic activity slowed to 3.2% over the same month a year prior in July, down from the revised 3.3% grow logged in June (previously reported: +3.1% year-on-year).
September 3, 2019
Remittances from workers abroad rose 14.0% on an annual basis in August, decelerating from the 15.8% increase registered in July.
August 19, 2019
Consumer prices fell 0.06% over the prior month in July, contrasting the 0.83% increase in June.
August 14, 2019
Economic activity slowed to 3.1% in annual terms in June, down from May’s revised 3.5% growth (previously reported: +3.3% year-on-year).
July 31, 2019
Economic activity accelerated to 3.3% year-on-year in May from a revised 2.3% increase in April (previously reported: +2.8% year-on-year).