Guatemala: Inflation plunges to lowest level since July 2020 in August
Consumer prices increased 0.21% from the previous month in August, following the 0.33% rise seen in July. This came on the back of a marked drop in transport prices, partly offsetting a rise in the price level for furniture and household items as well as for food.
Inflation fell to 3.6% in August, from July’s 3.8%. August’s reading represented the weakest inflation rate since July 2020. In addition, the trend pointed down mildly, with annual average inflation coming in at 4.9% in August (July: 5.0%).