Peru: Inflation eases further in June
July 3, 2017
Consumer prices for Metropolitan Lima decreased 0.2% in June compared to May (May: -0.4% month-on-month). The result in June came on the back of falling prices for food and beverages, and transport and communication. Inflation fell from 3.0% in May to 2.7% in June, the lowest level in almost a year.
Core consumer prices, which exclude energy and food, increased 0.2% in June compared to the previous month (May: +0.2% mom). Core inflation came in at 3.0%, below May’s reading of 3.1%.
Author: Christopher Mc Innes, Economist