Guatemala: Deceleration of inflation in August
The National Institute of Statistics reported that inflation for August was 0.5%, confirming a slow-down in the prices with regards to the month of July (1.25%) and June (1.63%).
Tuesday, September 9, 2008
Nonetheless, accumulated inflation is still at 9.43%, which is double that of August 2007 (4.67%) and above the 7% target set for the year by the Monetary Board. Inter-annual inflation was at 13.69% (14.16% for June).
In January the consumer price index recorded a decline of 0.36%, mainly explained by transport and housing.
With respect to the previous month, the Consumer Price Index in July 2012 showed an increase of 0.3 percent.
The CPI had a January cumulative monthly variation of 0.83% and an inter-annual variation of 4.91%.
The cumulative change in the period November 2011 to October 2012 of the General Index is 4.68%, less than the variation in the same period last year (4.93%).
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