Guatemala: Annual Inflation in August 2018 is 3%

In the eighth month of the year, the CPI registered a monthly variation of 0.44%, mainly explained by the behavior of prices in the category of Food and Restaurants.

Monday, September 10, 2018

From a report by the National Institute of Statistics:

The most significant inflation levels in August 2018 are the following: monthly inflation of 0.44% was registered, inflationary rhythm of 3.36% and accumulated inflation of 1.53%. 

Monthly inflation (0.44%) registered an acceleration with respect to August of the previous year; accumulated inflation (1.53%), and inflationary rhythm (3.36%), saw a deceleration in their inflationary level in relation to August 2017 (3.80%), (4.72%)

Of the twelve divisions of expenditure that make up the CPI, food (1.04%), restaurants (0.21%), alcoholic beverages (0.17%), reflect the behavior in the price level of inflation up to August 2018. On the other hand, communications (-0.40%), furniture and household items (-0.17%), are the divisions that saw a drop in their price level.

See full report (In Spanish).

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