Peru: Inflation edges down in November
December 2, 2016
Peruvian consumer prices for Metropolitan Lima increased 0.29% in November from the previous month, which was below the 0.41% rise registered in October and broadly in line with the 0.30% increase expected by market analysts. According to the National Statistical Institute (INEI), the increase was boosted by higher prices for fuel and electricity.
Inflation edged down from 3.4% in October to 3.3% in November—the third consecutive month in which was above the Central Bank’s upper limit of 3.0%.