Guatemala: Inflation edges higher in April
Consumer prices rose 0.71% month-on-month in April, up from March’s 0.48% increase. The print was driven by markedly higher prices for food, which more than offset a steep drop in transport prices as global oil prices fell to historic lows.
Inflation, meanwhile, rose from 1.8% March to 1.9% in April, moving closer to the Central Bank’s 3.0%–5.0% target range; however, the annual average inflation rate eased to 2.8% from 3.0%.
Consumer prices rose 0.71% month-on-month in April, up from March’s 0.48% increase. The print was driven by markedly higher prices for food, which more than offset a steep drop in transport prices as global oil prices fell to historic lows.
Inflation, meanwhile, rose from 1.8% March to 1.9% in April, moving closer to the Central Bank’s 3.0%–5.0% target range; however, the annual average inflation rate eased to 2.8% from 3.0%.
Consumer prices rose 0.71% month-on-month in April, up from March’s 0.48% increase. The print was driven by markedly higher prices for food, which more than offset a steep drop in transport prices as global oil prices fell to historic lows.
Inflation, meanwhile, rose from 1.8% March to 1.9% in April, moving closer to the Central Bank’s 3.0%–5.0% target range; however, the annual average inflation rate eased to 2.8% from 3.0%.