Inflation Guatemala 2017

Average inflation: 4.4%

Current Inflation

Inflation is high at 4.4%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 5.7%. The lowest inflation was in January at 3.8%.

Highest month
December: 5.7%
Lowest month
January: 3.8%
Difference
1.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 3.0%. The lowest price increase was in Energy with an average of 2.1%.

Highest increase
Core inflation: 3.0%
Lowest increase
Energy: 2.1%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
4.6%
All-time high (2008)
11.4%
All-time low (2009)
1.9%

Trend

Inflation shows an upward trend. Compared to 2016, inflation has risen by -0.1 percentage point.

Change vs. previous year
-0.1 percentage points
Largest monthly swing
December: +1.5 percentage points

ECB Target

Inflation is 2.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Energy
2.1%
-2.3vs avg.
More details →
Core inflation
3.0%
-1.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2016
January 3.8% -0.6
February 4.0% -0.3
March 4.0% -0.3
April 4.1% 0.0
May 3.9% -0.5
June 4.4% 0.0
July 5.2% +0.6
August 4.7% 0.0
September 4.4% -0.2
October 4.2% -0.6
November 4.7% 0.0
December 5.7% +1.5
Average 4.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also