Inflation reaches 3.17% in Guatemala

The CPI in April 2011 showed a value of 103.17, the previous month’s figure was 102.52, making the monthly variation 0.63%, this variation is less than the previous month (0.92%).

Expenditure groups that made the most impact on the CPI in April 2011 were foods, nonalcoholic beverages, housing, water, electricity, gas, other fuels and transportation.

The products which determined the behavior of group expenditure in the catagory of food and nonalcoholic beverages were: Sugar (7.84%) Tortillas (3.21%) and Tomatos (8.08%).

In the group comprising of housing, water, electricity, gas and other fuels, most noticeable was the rise in wood (3.90%) various materials for housing repair (1.85%), housing maintenance services (0.10%) and propane gas (0.06%).

Regarding the transport group there were notable variations in superior grade gasoline (3.49%) regular gasoline (4.21%), diesel (2.83%) and extra-urban bus services (0.88%).

Source: National Statistical Institute (Guatemala)

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