Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation moderates strongly in December

Consumer prices increased 0.13% over the previous month in December, contrasting the 0.29% decrease in November. The result chiefly came on the tails of marked price increases for food and recreation, which offset significantly cheaper prices for transportation.

Inflation, meanwhile, moderated strongly from 3.2% in November to 2.3% in December, moving below the Central Bank’s 3.0%–5.0% target range.


Guatemala Inflation Forecast


Banguat expects inflation to end 2019 at 4.0%. FocusEconomics panelists see inflation ending 2019 at 4.0%, which is up 0.1 percentage points from last month’s forecast. For 2020, our panelists expect inflation to end the year at 3.8%.

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

ValueChangeDate
Exchange Rate7.730.22 %Jan 14

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