Guatemalan Economy: June 2010

Fundesa, Guatemala’s Foundation for Development, issued its monthly report on the status of the economy.

Tuesday, June 15, 2010

Inflation


According to the Consumer Price Index, prepared by the National Statistics Institute, cumulative inflation up to May 2010 stood at 2.70%, which means that the price level rose when compared to December 2009. The year-on-year change for May 2009 was 3.51%, reflecting a slight downward trend for the third consecutive month. This figure is below the inflation target set by the Monetary Board for 2010 (between 4% and 6%).

Economic Activity

The Monthly Index of Economic Activity (IMAE), produced by the Central Bank of Guatemala, is an indicator that tracks the pulse of economic activity. The last available data, March 2010, shows a positive trend since September 2008, when the index hit a minimum. Year-on-year variation for that month was +2.54%.



More on this topic

Economy of Guatemala in December 2011

January 2012

A report has been released showing the leading economic indicators, focusing on December 2011.

Development Foundation of Guatemala FUNDESA

Inflation
The Consumer Price Index (CPI) showed an annual variation of 6.20% in December 2011, 0.81 percentage points higher than in the previous year (5.39%).

Guatemalan Economy in June 2011

June 2011

The monthly report of major national economic indicators discusses inflation, oil, IMAE, external sector, exports, foreign exchange, and tax revenue.

Economic Bulletin June 2011 - The Foundation for the Development of Guatemala (FUNDESA) notes that according to the Consumer Price Index (CPI), accumulated inflation during May 2011 (until 31 May) stood at 3.68%, which means that the price level rose compared to December 2010.

SECMCA's Monthly Report: 2nd Quarter of 2010

July 2010

Inflation deceleration and Risks to economic recovery.

The quarterly report from the Executive Secretary of the Central American Monetary Council (SECMCA) focuses on the region's inflation and recovery prospects.

Inflation, measured by year-on-year change in consumer prices, slowed in the second quarter of 2010 to 4.9%, compared to 2.9% in June 2009. This level is within the target limits set by the region's central banks.

Guatemalan Economy to June 2010

July 2010

The report from Guatemala's development foundation highlights improvement in key economic indicators as well as the impact of tropical storm Agatha and the Pacaya volcano eruption.

According to the country’s Consumer Price Index (CPI) compiled by the national institute of statistics, inflation for the first six months of the year to June rose 2.7%.

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