The basic food basket and the expanded basket increased between Q18 and Q52 in one month according to per capita measurement carried out by the National Institute of Statistics (INE).
Year-on-year inflation in July 2024 stood at 3.78% and although it is less than 0.75 than reported in July 2023 (4.53%), reflects a rebound from June of this year, when it stood at 3.62%.
Meanwhile, monthly inflation in July accelerated to 0.86%, higher at 0.16% to 0.70% reported in July 2023, INE data show. In June of this year, monthly inflation stood at 0.16%.
Meanwhile, the accumulated figure was 1.83% last July, which represents 0.39% less than in July 2023. In June of this year, cumulative inflation was 0.96%.
Rings and casualties
During the past month, of the 437 products that are taken into account for measurement, 218 showed a positive variation (alkes), 79 did not register variation and 140 have a negative variation (bad), the entity adds in its report.
The main division that affects this variation is food, and within the goods that were most increased are:
- Fresh toe (0.50%)
- Pops (0.17%) and
- Onions (0.06%)
While the main negative incidences occur in:
- Electric power consumption (-0.28%)
- Gas in containers (-0.03%) and
- Fresh lemons (- 0.02%)
On the other hand, the purchasing power of the quetzal was at Q0.98, a loss of Q0.02 compared to December 2023.
Cost of baskets
The cost of acquiring the Urban Food Basic Basket (CBAU) per person in July was Q888.53, an increase of Q21.56 compared to that recorded in June of this year. Regarding what was reported in January 2024, Q42.26 has risen.
Meanwhile, the Basic Rural Food Basket (CBAR) per person in July of this year reached Q689.69, for an increase of Q18.73 in one month. Compared to January 2024, it is Q35.29 higher.
The Urban Expanded Basket (CAU) per capita per month last July was Q2 thousand 151.14, an increase of Q52.22 compared to June and compared to January 2024, is Q102.56 higher.
And the Rural Expanded Basket (CAR) is estimated at Q1 thousand 357.31 per person, rising Q37.20 compared to the previous month, according to INE data. As for January, Q69.63 has risen.
This article has been translated after first appearing in Prensa Libre