Guatemala: 3.4% Inflation Rate at the End of 2019

During December 2019, the CPI registered a 3.4% variation with respect to the same month of the previous year, an inflationary rhythm higher than the 2.3% reported at the end of 2018.

Wednesday, January 8, 2020

The most important inflation levels of December 2019 are the following: a monthly inflation of 0.60% was registered, an inflationary rhythm of 3.41% and an accumulated inflation of 3.41%, informed the National Statistics Institute (INE).

The official report states that "... Of the twelve expense divisions that make up the CPI, food (1.22%), housing (0.56%), transportation (0.35%), reflect the rise in the general level of inflation prices to December 2019. On the other hand, alcoholic beverages (-0.38%), clothing (-0.24%), presented the main drops in their general level of prices.

The monthly inflation recorded in December 2019, is the second highest of the months of December of the period 2012-2018 and is 0.28 above the average of 0.32 of the mentioned period.
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See full report (in Spanish).

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More on this topic

Inflationary Rate Falls to 1.8%

October 2019

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).

Inflation Slows up to July 2019

August 2019

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).

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).

Inflationary Rhythm Rebound Early in the Year

February 2019

Up to January 2019 in Guatemala the year-on-year variation of the CPI was almost 4%, well above the rate of 2.3% registered at the end of 2018.

The most important inflation levels in January 2019 are as follows: monthly inflation of 1.35%, inflationary rhythm of 4.10% and accumulated inflation of 1.35% were registered, reported the National Statistics Institute (INE).

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