EconoMonitor

RGE Analysts

Rising Inflation in Peru

RGE expects Peru’s inflation to increase by 0.28% m/m to 2.36% y/y in January (2.08% y/y in 2010) and core ex-food inflation to increase 0.03% m/m to 1.82% y/y (1.38% y/y in 2010). Higher food, energy and fuel prices, as well as strong domestic demand, likely exerted upward pressures on prices, despite stronger currency. The central bank’s target is 2% (+ / -1%).

Peru’s Inflation and Target Range (y/y)

image001_512_74.jpg

Source: INEI, BCRP and RGE

Editor’s Note: This post is excerpted from a much longer analysis available exclusively to RGE Clients, LatAm Focus: Overvalued Brazilian Real Hurts Exports and Industrial Output


All rights reserved, Roubini GlobalEconomics, LLC. Opinions expressed on RGE EconoMonitors are those of individual analysts and may or may not express RGE’s own consensus view. RGE is not a certified investment advisory service and aims to create an intellectual framework for informed financial decisions by its clients. This content is for informational purposes only and does not constitute, and may not be relied on as, investment advice or a recommendation of any investment or trading strategy. This information is intended for sophisticated professional investors who will exercise their own judgment and will independently evaluate factors bearing on the suitability of any investment or trading strategy. Information and views, including any changes or updates, may be made available first to certain RGE clients and others at RGE’s discretion. Roubini Global Economics, LLC is not an investment adviser.     

One Response to “Rising Inflation in Peru”

Most Read | Featured | Popular

Blogger Spotlight

Richard Wood Richard Wood

Richard has published papers on wages policy, the taxation of financial arrangements and macroeconomic issues in Pacific island countries. Views expressed in these articles are his own and may not be shared by his employing agency. He is the author of How to Solve the European Economic Crisis: Challenging orthodoxy and creating new policy paradigms