Inflation
According to the Index of Consumer Prices, prepared by the National Statistics Institute, accumulated inflation during the month of June 2011 stood at 4.23%.
The rate of change (change in June 2011 compared with the same month in 2010) stood at 6.42%, higher than that observed in June 2010. This figure is above the limit of the inflation target set by the Monetary Board for the year 2011 (between 4% and 6%). Meanwhile, the monthly variation (variation of the current month with previous month) was 0.53%, while last month it was 0.49%.
During the month of June, of the 279 basic expenses that make up the CPI, the main products determining intermonthly inflation were agricultural products such as tomatoes and corn, with a variation of 28% and 13% respectively. On the other hand, electricity and gasoline showed a decrease from the previous month.
At the regional level, the North (Alta Verapaz) shows a change in the CPI significantly higher than the national average, accumulating a 12.3%, followed by the south-east (Jutiapa, El Progreso) with 10.56% and the northeastern region -West (Huehuetenango) with 9.89%. Meanwhile, the metropolitan area recorded a variation of 4.7%, the lowest in the country.
Source: CentralAmericaData.COM
More on this topic
August 2011
The monthly report of major national economic indicators has been released by the Foundation for the Development of Guatemala.
Inflation
According to the Consumer Price Index (CPI) at republic level, prepared by the National Statistics Institute (INE), in July of 2011, it registered a value of 105.22, compared to 104.25 recorded last month, making the monthly variation 0.95%, while the cumulative increase to 31 July was 5.22%, which means that the price level rose during the month of December last year. The rate of change (change in July 2011 compared with the same month of 2010) stood at 7.04%, higher than that observed in July 2010.The main determinants of inflation products were agricultural products.
April 2012
Statistical information compiled by the Banco de Guatemala has been released, which includes general indicators of real, external, monetary, financial and fiscal indicators.
"Gross Domestic Product (GDP) grew 3.9 percent in 2011, according to the latest review by the Bank of Guatemala (Banguat) confirming an improvement in the performance of productive activities."
September 2009
Up to July 2009, the main indicators of the Panamanian economy show promising results.
According to a report from the Comptroller of the Republic, most economic activities experienced growth in the first half of the year.
The most positive signal was the 20.8% increase in the value of real estate construction and repairs permits.
July 2010
The Ministry for the Economy has set up a data center to supply information on the economy to institutions and businesses.
Rafael Barrientos, Director of Information Technology at the Ministry explained that, "the database will be fed by daily, monthly, quarterly and annually series measuring economic trends and behaviours".
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