Guatemala: 4.1% Y-o-Y Inflation up to March 2019

For the second consecutive month, Transportation was the spending division that explained most of the rise in the Consumer Price Index, reported to March 2019.

Tuesday, April 9, 2019

The most important inflation levels of March 2019 are the following: monthly inflation of -0.04%, inflationary rhythm of 4.17% and accumulated inflation of 1.44%, informed the National Statistics Institute (INE).

The INE report states that "... The monthly inflation (-0.04%), presents a deceleration with respect to the same month of the previous year, the accumulated (1.44%), and year-on-year (4.17%), register an acceleration with respect to March of the previous year.

Of the twelve expense divisions that make up the CPI, recreation (-0.92%), food (-0.30%), clothing (-0.22%), reflect the behavior in the price level of inflation to March 2019. On the other hand, transportation (1.34%), alcoholic beverages (0.60%), health (0.40%), are some divisions that present positive variation in their price level.

The inflationary rhythm in March 2019 (4.17%) rose 0.03 regarding the observed in the same month the previous year (4.14%). And in relation to the registered in February 2019 (4.46%) under 0.29.
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Inflationary Rate Falls to 1.8%

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For the third consecutive month, the inflationary rate in Guatemala decelerated, since the year-on-year variations reported by the Consumer Price Index during July, August and September, were of 4.4%, 3% and 1.8%, respectively.

The most important inflation levels in September 2019 are as follows: monthly inflation of -0.58%, inflationary rate of 1.80% and accumulated inflation of 1.63%, according to the National Statistics Institute (INE).

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Between June and July of this year, the inflationary rhythm in Guatemala decreased from 4.8% to 4.4%, mainly because of the variations in the prices of alcoholic beverages and food.

The most important inflation levels in July 2019 are as follows: -0.06% monthly inflation, 4.37% inflationary rhythm and 3.11% accumulated inflation, according to the National Statistics Institute (INE).

Inflation in Guatemala is Accelerating

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After March 2019, the year-on-year variation of the country's Consumer Price Index stood at 4.2%, in April it reached 4.8%, a rise explained by transportation prices.

The inflationary rhythm in April 2019 (4.75%) increased 0.83% regarding the observed in the same month of the previous year (3.92%). And compared to March 2019 (4.17%) it rose 0.58%, reported the National Statistics Institute.

Guatemala: 4.4% Y-o-Y Inflation up to February 2019

March 2019

During the second month of the year, transportation and recreation were some of the spending divisions that caused the rise of the CPI in the country.

The most important inflation levels of February 2019 are the following: monthly inflation of 0.14%, inflationary rhythm of 4.46% and accumulated inflation of 1.49%, informed the National Statistics Institute (INE).

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