Peru: Inflation expectations fall in July 2019

00:00 | Lima, Aug. 13.

Financial system companies and economic analysts lowered Peru's inflation expectations for the next 12 months from 2.5% in June to 2.3% in July, Central Reserve Bank (BCR) has reported.

According to BCR, this projection has remained within the target range (between 1% and 3%) since May 2017.

Concerning inflation forecasts for this year, economic analysts lowered them from 2.5% (June) to 2.2% (July), while the financial system reduced them from 2.4% to 2.3% in the same period.

On the other hand, non-financial businesses maintained their inflation forecasts at 2.5%.

2020

Likewise, economic analysts and the financial system decreased their inflation forecast for 2020 from 2.5% (June) to 2.4% (July).

Meanwhile, non-financial businesses maintained their projection at 2.5%.

The three groups' inflation forecast for 2021 remained unchanged (2.5%).

(END) MDV/DTK/MVB

Published: 8/13/2019

Peru: Inflation expectations fall in July 2019

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