Fifteen months after the beginning of the health and economic crisis, Guatemala, Honduras and Nicaragua are the economies in the region with the highest inflation rates, a behavior that was influenced by increases in fuel and transportation costs.
In the second quarter of 2020, a period in which the countries of the region were going through a severe economic crisis caused by the Covid-19 outbreak, inflation levels were low and in some economies negative variations were reported.
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.
In November, the consumer price index recorded a rise of 0.19%, explained by an increase in the divisions of food, recreation and health.
From a report by the National Statistical Institute of Guatemala (INE):
The Consumer Price Index for November 2014 stood at 118.19, registering a monthly variation of 0.19% and compared to November last year the variation was 3.38%.
In October, the consumer price index recorded a rise of 0.15%, putting the cumulative inflation from January to October at 2.86%.
From report by the National Statistical Institute of Guatemala:
The Consumer Price Index for October 2014 stood at 117.96, posting a monthly change of 0.15%, and compared with October last year the variation was 3.64%.
In September, the consumer price index rose by 0.05%, with the three categories Alcoholic Beverages, Recreation and Culture, and Various Goods and Services increasing the most.
From a report issued by the National Statistical Institute of Guatemala:
The Consumer Price Index for September 2014 stood at 117.78, registering a monthly variation of 0.05%, and compared to September last year the variation was 3.45%.