Inflation in Guatemala

Guatemala Inflation | Economic News & Forecasts

Guatemala - Inflation

Inflation jumps in December

Consumer prices rose 0.60% month-on-month in December, up from the 0.44% increase in November. The print was driven by a steep rise in prices for food, housing, and transport offsetting a notable drop in prices for alcoholic beverages.

Inflation, meanwhile, jumped to 3.4% in December from 2.9% in November, while annual average inflation edged up to 3.7% in December from November’s 3.6%.

Banguat expects inflation to end 2020 at 4.0%. FocusEconomics panelists see inflation ending 2020 at 3.8%, which is unchanged from the previous month’s forecast. For 2021, our panelists expect inflation to end the year at 4.0%.

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 Rate7.710.22 %Jan 01

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