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Economy / Guatemala

Macroeconomic Forecast Guatemala

February 2010 | Macroeconomic Forecasts

BMI View: Consumer price inflation (CPI) finished 2009 in deflationary territory, down 0.28% y-o-y in December (the third successive month of negative year-on-year growth), and -0.05% month-on-month. While we anticipate a moderate economic rebound and supply-side restrictions to push up prices over the medium term, still high low levels of capacity utilisation and subdued demand for Guatemala exports mean we anticipate CPI to reach just 5.00% by end-2010.

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