Cost of food in Guatemala increased 7.25 percent in July of 2020 over the same month in the previous year.
Food Inflation in Guatemala averaged 8.47 percent from 2001 until 2020, 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. This page provides the latest reported value for - Guatemala Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Guatemala Food Inflation - values, historical data and charts - was last updated on September of 2020.
Food Inflation in Guatemala is expected to be 6.50 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 5.00 in 12 months time. In the long-term, the Guatemala Food Inflation is projected to trend around 4.50 percent in 2021 and 3.70 percent in 2022, according to our econometric models.