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

Monday, March 11, 2019

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).
 
The INE report states that "... Of the twelve expense divisions comprising the CPI, transport (1.35%), recreation (0.59%), alcoholic beverages (0.44%), reflect the behavior in the price level of inflation up to February 2019. On the other hand, diverse goods and services (-0.24%), food (-0.06%), furniture and household items (-0.03%), education (-0.01%), are the divisions that present the least negative variation in their price level.

The inflationary rhythm in February 2019 (4.46%) rose 0.31 regarding the observed in the same month the previous year (4.15%). And regarding the registered in January 2018 (4.10%) it rose 0.36.

The inflationary rhythm up to February 2019 (4.46%), is the second highest of those observed in the months of February of the 2012-2018 period, and is above the average (3.95) of the aforementioned period. The highest inflationary rhythm in the analysis period occurred in 2012 that was of 5.17%
."

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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).

Inflation in Guatemala is Accelerating

May 2019

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

April 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.

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).

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