on Friday underscored that Peru’s benchmark interest rate stands at just 4.75%, the lowest among the region's major economies, which he described as good news for the economy.
"In Peru, the benchmark rate is only 4.75%, the lowest among the major economies in the region. This means lower financial costs and more opportunities for growth," Adrianzen wrote on his social media.
This decision was made considering that in December, the monthly inflation rate was 0.11%, while core inflation (excluding food and energy) stood at 0.40%.
"Global inflation is expected to decline, approaching the target levels of most central banks. In some countries, these targets have already been reached," the BCR indicated.
(END) FHG/CVC/JMP/MVB