The inflation rate in Guyana was recorded at 0.80 percent in August of 2020.

Inflation Rate in Guyana averaged 4.54 percent from 1995 until 2020, reaching an all time high of 16.04 percent in April of 1995 and a record low of -1.76 percent in December of 2015. This page provides - Guyana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Inflation Rate - values, historical data and charts - was last updated on October of 2020. source: Statistics Guyana

Inflation Rate in Guyana is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Guyana to stand at 0.80 in 12 months time. In the long-term, the Guyana Inflation Rate is projected to trend around 1.00 percent in 2021 and 1.70 percent in 2022, according to our econometric models.

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Guyana Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.40 16.04 -1.76 1995 - 2020 percent Monthly

Guyana Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.40 16.04 -1.76 percent [+]
Inflation Rate Mom 0.50 0.10 2.60 -2.81 percent [+]
Food Inflation 2.50 1.80 120.10 -65.02 percent [+]
Consumer Price Index CPI 120.26 119.70 120.26 99.60 points [+]

Guyana Inflation Rate
In Guyana, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.