Guatemala: 2008 ends with 9.4% in inflation

The figure is the highest on record since 1996 when it was at 10.85%, according to the National Statics Institute (INE).

Thursday, January 8, 2009

According to "According to the Consumer Price Index (CPI), which was presented yesterday by the INE, inflation for December 2008 was above the 5.5% target that was set by the Bank of Guatemala (Banguat).

"It is the biggest in the series, but the elements that cause the increase in prices were more violent in 2008 than in recent years," commented Carlos Gonzalez Arevalo, an analyst at the Association for Social Investigation and Studies (Asies)."

More on this topic

Guatemala: YoY Inflation up to April 2016 is 4,09%

May 2017

In April, the monthly variation was 0.26%, mainly explained by the behavior of prices of alcoholic beverages, food and transportation.

From a statement issued by the National Statistics Institute:

The monthly variation (0.26%) accelerated in relation to April of the previous year (0.17%); meanwhile accumulated inflation (1.36%), decelerated compared to April 2016 (1.50%), and the year-on-year rate was the same as in the same month of the previous year (4.09%). [GRAFICA caption = "Click to interact with graphics"]

Guatemala: 2.95% Inflation in 2014

January 2015

In December 2014, the consumer price index recorded a monthly decline of 0.11%, closing the year at 2.95%, down from the 4.39% inflation recorded in 2013.

From a statement issued by the Government of Guatemala:

The National Statistics Institute (INE) reported that inflation slowed in Guatemala last year and ended with a cumulative rate of 2.95%, well below the rate of 4.39% for 2013.

Guatemala: Inflation in October was 0.03%

November 2013

The general level of Consumer Price Index registered a monthly variation of -0.03%, an interanual variation of 4.15% and a cumulative variation of 3.60%.

From information published by the National Statistics Institute (INE):

The most important results of October 2013 are as follows: there was a monthly variation of -0.03%, 4.15% yoy and 3.60% cumulative.

Guatemalan CPI Falls for Third Consecutive Month

March 2009

The Consumer Price Index (CPI) positioned itself at -0.60%, leaving behind the -0.42% recorded in January

Jessica Gramajo wrote in the Siglo 21 website: "While some economic analysts believe that this behavior could lead to deflation, others indicate that this situation is still far from being the case.

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