Prices continue to rise: annual inflation rose 4% in June, would it remain far from the target? Annual inflation, which takes as a reference the Consumer Price Index (CPI) of Metropolitan Lima, rose 4.07% in July, that is, its highest rate since October 2023 (4.34%) and the fifth continuous month outside the target range of the Central Reserve Bank of Peru (BCRP), between 1% and 3%. One of the main reasons is the rise in the price of fuels. For …
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Prices continue to rise: annual inflation rose 4% in June, would it remain far from the target? Annual inflation, which takes as a reference the Consumer Price Index (CPI) of Metropolitan Lima, rose 4.07% in July, that is, its highest rate since October 2023 (4.34%) and the fifth continuous month outside the target range of the Central Reserve Bank of Peru (BCRP), between 1% and 3%. One of the main reasons is the rise in the price of fuels. For …