Central Reserve Bank of Peru

Central Reserve Bank of Peru

January 12, 2017

Although Peru’s key central bank rate was left at 4.25%, its level since the last February’s last of four cuts of 25 basis points each in the space of five months, a released statement revises projected inflation over the coming year up slightly and observes that “the water deficit generated by adverse climate factors has been affecting inflation in transitory manner.” Officials continue to believe that inflation, now at 3.35%, will move close to 2% by the end of this year.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without expressed permission.

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