Cost of food in Guatemala increased 7.90 percent in October of 2018 over the same month in the previous year. Food Inflation in Guatemala averaged 8.70 percent from 2001 until 2018, reaching an all time high of 19.40 percent in July of 2008 and a record low of -3.13 percent in November of 2009.
Food Inflation in Guatemala is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Guatemala to stand at 8.30 in 12 months time. In the long-term, the Guatemala Food Inflation is projected to trend around 7.60 percent in 2020, according to our econometric models.