Guatemalan Economy in June 2011

The monthly report of major national economic indicators discusses inflation, oil, IMAE, external sector, exports, foreign exchange, and tax revenue.

Monday, June 13, 2011

Economic Bulletin June 2011 - The Foundation for the Development of Guatemala (FUNDESA) notes that according to the Consumer Price Index (CPI), accumulated inflation during May 2011 (until 31 May) stood at 3.68%, which means that the price level rose compared to December 2010.

The rate of change (change in May 2011 compared to the same month in 2010) was at 6.39%, higher than that observed in May 2010. This figure is within the limits of the inflation target set by the Monetary Board for the year 2011 (between 4% and 6%).

Meanwhile, intra month variation (change between the current and previous month) stood at 0,049%, while the previous month it was 0.63%.

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