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.
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).
During November, the CPI registered a 2.9% variation with respect to the same month of 2018, an inflationary rhythm higher than the 4.2% rate reported in October.
The most important inflation levels in November 2019 are as follows: 0.44% monthly inflation, 2.92% inflation and 2.79% accumulated inflation, according to the National Statistics Institute (INE).
After falling from 4.4% to 1.8% between July and September 2019, during October the price growth rate was 2.2%.
Out of the twelve spending divisions that make up the Consumer Price Index (CPI), food (1.62%), transportation (0.79%), recreation (0.45%), reflect the rise in the general price level of inflation to October 2019, reported the National Statistics Institute.
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).
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).
After registering a 4.5% year-on-year variation in the Consumer Price Index in May, in June the inflationary rhythm rose to 4.8%.
The most important inflation levels in June 2019 are as follows: 0.83% monthly inflation, 4.80% inflationary rhythm and 3.17% accumulated inflation, reported the National Statistics Institute.
After recording a 4.8% year-on-year variation in the CPI in April, the inflation rate dropped to 4.5% in May.
Monthly inflation (0.26%), shows a slowdown compared to May of the previous year (0.47%), while the accumulated (2.33%), and year-on-year (4.54%), show an acceleration compared to the same month last year, according to the report of the National Statistics Institute.
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.
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).
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).
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).
After December 2018, the Confidence in Economic Activity Index in Guatemala reported an 8% year-on-year increase, in January the variation was -3% regarding the same month in 2017.
The Bank of Guatemala Report summarizes that "... An inflationary rhythm of 3.34% is forecast for January, 3.47% for February and 3.56% for March 2019. Regarding December 2019 and 2020, the Panel foresees an inflationary rhythm of 3.95% and 4.19%, in that order.
Up to December of last year, the year-on-year variation of the Consumer Price Index was 2.3%, an inflationary rhythm lower than the 5.7% recorded at the end of 2017.
The most important inflation levels for December 2018 are as follows: 0.13% monthly inflation, 2.31% inflationary rhythm and 2.31% cumulative inflation. The monthly inflation (0.13%), accumulated and year-on-year (2.31%), registered a deceleration regarding December of the previous year (0.95%), (5.68%), informed the National Statistics Institute.
In October, the year-on-year inflation was of 4.3%, however, in November the inflationary rhythm was reduced to 3.2%, behavior explained by the performance of transportation prices.
The most important inflation levels in November 2018 are the following: monthly inflation of -0.29%, inflationary rhythm of 3.15% and accumulated inflation of 2.18%, informed the National Statistics Institute.
In the tenth month of the year, the CPI showed a monthly variation of 0.34%, mainly because of the behavior of Transport and Recreation prices.
The most important inflation levels of October 2018 are the following: a monthly inflation of 0.34%, an inflationary rate of 4.34% and an accumulated inflation of 2.48% were registered, according to the National Statistics Institute.