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Peru Inflation January 2023

Peru: Inflation accelerates in January

Inflation came in at 8.7% in January, which was up from December’s 8.5%. It represented the highest print since July 2022 and reflected shortages of goods amid social unrest and highway blockades.

Annual average inflation rose to 8.1% in January (December: 7.9%). Lastly, consumer prices increased 0.23% over the previous month in January, below the 0.79% increase logged in December.

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