Peru: Inflation rises in April
Latest reading: Inflation came in at 1.7% in April, which was up from March’s 1.3% and in line with the Central Bank’s 1.0–3.0% target. Prices for food and beverages rebounded in April, driving the uptick. However, inflation was still muted by Latin American standards.
The trend pointed down slightly, with annual average inflation coming in at 1.9% in April (March: 2.0%).
Lastly, consumer prices rose 0.32% from the previous month in April, coming in below the 0.81% increase seen in March.