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Annual Inflation Exceeds 2% in February: What Moved the Price Needle?
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State workers’ salaries “unchecked”, while in private companies prices were behind. Annual inflation, measured by the Consumer Price Index (CPI) of Metropolitan Lima, rose 2.21% in February, according to the National Institute of Statistics and Informatics (INEI). Although it remains within the target range of the Central Reserve Bank of Peru (BCRP), between 1% and 3%, it is its highest level since November 2024 (2.27%).
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