Peru's annual inflation rate at 2.4% last April was the lowest among the region's main economies, below Chile (4%), Brazil (3.7%), Mexico (4.7%) and Colombia (7.2%), the Central Reserve Bank (BCR) reported on Thursday.
Even inflation in the United States, in the same month, was 3.4% —higher than that verified in Peru.
Last April, core inflation —which excludes the variation of more volatile prices such as those of food and fuel— in Peru (3.0%) was the lowest among countries in the region, such as Brazil (3.8%), Chile (3.2%), Colombia (6.4%), and Mexico (4.4%).
It must be noted that a decreasing trend is observed in all these cases.
For its part, U.S. inflation —excluding food and energy prices— was 3.6% in April —higher than the rate registered in Peru and Chile.
Peru's local interannual inflation rate (2.4%) in April is the lowest since May 2021. It is already within the BCR's target range.
With April's result, the downward trend observed since the beginning of 2023 was accentuated, when interannual inflation reached 8.7% in January last year.
For its part, the interannual inflation rate —without food and energy— declined from 3.1% to 3.0% between March and April. It stands at the target range's upper limit.
(END) NDP/GDS/MVB