Caribbean & Central America - March 2011 (ISSN 1741-4458)

Guatemala's inflation rate reached 1.58% in the first two months of 2011, according to the national statistics institute (INE). The cost of a basic food basket (CCBA) for a family of five reached Q2187.30 (US$283) in February 2011, representing a 0.86% increase on the previous month and 11.88% increase on the previous year. The Central American Bank for Economic Integration (Cabei) is forecasting that inflation will reach 6.2% in 2011, up from 5.4% in 2010.

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