Producer Prices in Peru
Peru - Producer Prices
Inflation stable in January
Consumer prices in Metropolitan Lima rose 0.05% over the previous month in January, down from December’s 0.21% increase. January’s rise was chiefly the result of higher prices for education and culture and for food and beverages, which more than offset lower prices for transport and communications.
Meanwhile, inflation was unchanged at December’s 1.9% in January, thus remaining below the midpoint of Central Bank's target range of 2.0% plus or minus 1.0 percentage points. In January, core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, up from December’s 0.1% uptick. Finally, core inflation in January came in at 2.2%, matching December’s reading.
Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2020 at 2.1%, which is unchanged from last month’s projection. For 2021, the panel expects inflation of 2.3%.
Peru - Producer Prices Data
|Inflation (PPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.0||-0.60 %||Nov 08|
|Exchange Rate||3.31||-0.06 %||Jan 01|
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February 24, 2020
Economic growth slumped to 1.8% year-on-year (yoy) in the fourth quarter (Q3: +3.2% yoy), weighed on by cooling domestic demand.
February 17, 2020
In December, economic activity grew a puny 1.1% year-on-year, decelerating markedly from November’s already unremarkable 1.9% outturn and surprising market expectations on the downside.
February 13, 2020
At its monetary policy meeting on 13 February, the Central Bank of Peru (BCRP) held the policy interest rate steady at 2.25%, the lowest point since July 2010.
February 7, 2020
The business confidence indicator rose from December’s 51.0 points to 53.0 points in January.
February 7, 2020
Consumer prices in Metropolitan Lima rose 0.05% over the previous month in January, down from December’s 0.21% increase.