Cement and Iron Price Rises in Guatemala

In May 2010 the local price of iron was up 9.3% and cement 8.4%, relative to May 2009.

Monday, August 16, 2010

An article by Fernando Quiñonez for Sigloxxi.com reports comments and opinions from members of the Guatemalan Construction and Industry Chambers regarding the price rises.

The increases, together with a lack of measures to stimulate the economy, has led the industrial sector to postpone factory expansion plans, comments the executive director of the Chamber of Industry (CIG), Javier Zepeda.

"Economy expert Violeta Hernández from the social studies and research association, Asíes, indicates that while price pressures worldwide may have subdued, this has not followed through into lower house values".

More on this topic

Panama: Rising Costs of Building Materials

August 2012

Products like stone No.4, espavé wood, concrete and sand mix became more expensive by 23.2%, 12.9%, 7.1% and 5.9% respectively in the month of July.

These four materials had the largest increases in their prices according to the National Institute of Statistics and Census of the Controller General of the Republic.

Guatemala: Corn Price Up 13% in a Week

March 2011

Corn prices continue to rise in Guatemala, reaching $ 22.5 per quintal.

This is the highest price on record since 2007 and according to Luis Enrique Monterroso, from the food unit of the Human Rights Office “it is evidence that the price spike is not a result of speculation but of actual losses in this year´s harvest”.

International Price of Orange Juice on the Rise

January 2010

The price per pound has climbed to $1.36, after a series of frosts affected orange plantations in Florida, U.S.

Carlos Odio, head of Tico Fruit, one of Costa Rica's largest exporters of the product, added that the price has been rising since November, recording a high of $1.5 per pound on December.

New price scale in Honduras

September 2008

In the next few days, the price of some products from the basic food basket will rise.

The agriculture industry alleges that production costs and components are becoming a threat to the completion of the finished product and is causing a chain of increases in poultry, pork, milk and eggs.

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