Core consumer prices in Guatemala increased 3.12 percent in December of 2019 over the same month in the previous year. Core Inflation Rate in Guatemala averaged 4.32 percent from 2002 until 2019, reaching an all time high of 9.44 percent in July of 2008 and a record low of 0.85 percent in November of 2009.
Core Inflation Rate in Guatemala is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Guatemala to stand at 2.50 in 12 months time. In the long-term, the Guatemala Core Inflation Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.