INSUBCONTINENT EXCLUSIVE:
estimate.This increase exceeded all forecasts, with none of the surveyed economists predicting inflation above 3%.Month-over-month, prices
rose by 1.01% from February, highlighting the ongoing challenge for the Central Reserve Bank of Peru (BCRP).The bank, targeting 1% to 3%
Inflation is over 8.7%, the highest in a decade, spurred by higher gasoline and transport costs.Unexpected Inflation Growth Challenges
(Photo Internet reproduction)While some prices, like food, have fallen, others, such as blueberries, spinach, and newspapers, saw
significant increases.The situation indicates a slow structural deceleration in inflation, with a nuanced picture emerging in October.Most
decrease in the consumer price index, with predictions of continued reduction buoyed by the potential for further BCRP interest rate
bank are balancing strategic monetary policies and the realities of a fluctuating global economy.As Peru grapples with these economic
challenges, the focus remains on achieving long-term stability and growth amidst uncertainty.
