Inflation in Guatemala drops

Surveys carried out by the National Statistics Insitutue (INE) determined that inflation (for the last 12 months) drop 0.94 percentage points, compared to August of last year.

Wednesday, October 8, 2008

Drop in price of goods such as tomatoes, potatoes, beans, gasoline, propane, for example, caused the cost of living (inflation) to record a new slow down last September, according to the month report from INE.
Accumulated inflation (which goes from Jan to Sept 2008) dropped to 9.26% after being at 9.43 in August. For September 2008, the monthly recorded inflation was at -0.15%

More on this topic

Guatemala: Inflation Reaches 5.25% in November

December 2010

Inflation closed last month at the highest level of the year: 5.25%.

According to data from the National Statistics Institute (INE), the main increases were recorded in the food and beverages sector compared to October, which rose 1.51%, followed by health care costs with a monthly change of 0.52%.

Inflation Continues to Drop in Costa Rica

October 2009

12 month inflation was 4.83% in September 2009, 10% lower than in the same month of 2008.

"The Consumer Price Index rose only 0.11% in September when compared to August. Accordingly, accumulated inflation for 2009 is now 2.92%, according to data from INEC, the Statistics and Census Institute", reports Elfinanciero.com.

Guatemala: .13% Inflation Rate in May

June 2009

According to data from the National Institute of Statistics, the accumulated inflation rate (from January to May) was -1.05 and prices increased .13% in May.

For seven consecutive months, this indicator has decreased. One of its lowest levels in recent years was reported in May.

Guatemala's living costs exceed central bank's goal

July 2008

The Bank of Guatemala began 2008 with a forecast of a cost of living increase between four and seven percent this year, but the nation started the year with a jump of 8.39 percent and in June the increase touched 13.56 percent compared with the year-earlier figure.

"We see a scenario of inflation above the goal," admitted Bank of Guatemala President María Antonieta Del Cid de Bonilla, at the end of her report to the Legislature.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Financian software for investment portfolios, mutual and pension funds

Colombian company with more than 30 years in the market develops technological solutions that allow to manage in an integrated and timely way investment portfolios.
Solutions to manage investment portfolios, investment...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(May 25)
Brent Crude Oil
78.48
Coffee "C"
122.8
Gold
1,303
Silver
16.545