Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation rises to near 11-year high in June

Consumer prices increased 1.83% from the previous month in June, picking up from the 1.31% increase seen in May. The reading was largely driven by rising prices for food and alcoholic beverages. In addition, price pressures for housing, electricity, water and fuels.

Inflation rose to 7.6% in June, above May’s 5.8%. June's reading was the highest inflation rate since August 2011. Annual average inflation ticked up to 4.0% in June (May: 3.7%).

FocusEconomics panelists see inflation ending 2022 at 4.0%. For 2022, our panelists expect inflation to end the year at 3.9%.

Guatemala - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)2.4  4.5  4.4  3.8  3.7  

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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

Value Change Date
Exchange Rate7.710.22 %Jan 01

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