Peru: Inflation rises to one-year high in October
Consumer prices in Metropolitan Lima increased 0.08% month-on-month in October, down from September’s 0.19% rise. October’s increase was largely the result of higher prices for transport and communication—due to an increase in prices of vehicle fuels—and health care.
Meanwhile, inflation increased to a one-year high of 1.8% in October from 1.3% in September. In October, core consumer prices, which exclude energy and food prices, increased 0.1% from the previous month, matching September’s rise. Finally, core inflation rose from September’s 2.4% to 2.5% in October, a one-year high.