Guatemala - Consumer Price Index (CPI)

For Guatemala, the all-items consumer price index, monthly.

Active:

• Measurement: Fixed-base index relative to 2024 (Index 2024=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date:
  • As reported by source: 2010m1
  • As extended: 1957m1

Predecessors:

• Dec2023=100 - 2010m1 to 2025m1 ("_23")
• 2010=100 - 2010m1 to 2023m12 ("_10")

Global concept alias:

• CPI

The Bank of Guatemala reports a monthly Consumer Price Index (CPI) using information from the National Institute of Statistics (INE). The CPI measures the average price changes for a group of goods and services that the National Survey of Family Income and Expenditure 2009-2012 deems as most important in the final consumption expenditure of households.

Since March 2011, the CPI has been published based on the Basic Food Basket (CBA) and Vital Edge Pack (CBV) from December 2010 (2010=100). The CBA is composed of whole food, measured in quantities that are sufficient to meet the caloric needs of an average household, where an average Quatemalan household is comprised of 5.38 members. The CBV includes the food minimum and basic services, such as water, electricity, clothing, housing, health, education, etc.

Initially, CPI from January 2010 to March 2011 was reported such that 2000=100. Based on theSurvey of Family Income and Expenditure (ENIGFAM), CPI was rebased to 2010=100 to capture a more representative sample. Calculations of CPI(2010=100) for these periods are based on the following formula:

*Index = IM (IB/IMB) where:

IM = index value base 2000 month spliced

IB = index value of the new base

IMB = value of the index base 2010 during the month in which the new base is 100. In this case, it will be the value at December 2010.

Prior to March 2011, CPI was reported such that 2000=100.

Moody's Analytics supplements

For the all-items index, we back-extended its history to 1957 using IMF data, and have constructed a seasonally adjusted (SA) counterpart.

Further reading

At the source:

• Índice, Intermensual, Interanual y Acumulada: Indice de Precios al Consumidor Nivel Republica
• ÍNDICE DE PRECIOS AL CONSUMIDOR NIVEL REPÚBLICA (dead link)

At the INE:

• CPI report

At IMF (e-GDDS):

• Consumer price index (Aug 2008 / Oct 2020)

• May 2014 - Initial version.
• 27 Mar 2024, Phillip Thorne - Rebased to 2023: Properties, Further reading.
• 14 Mar 2025 - Rebased to 2024: Properties.