Peru's Central Reserve Bank (BCR)
decided to keep its benchmark interest rate at 2.75% after assessing different factors, it said in a recent release.
Primary economic activity
indicators show a weak performance as a result of temporary supply shocks, while non-primary activity maintains a moderate growth momentum.
Likewise, public investment has registered a slow pace in the first half of the year, which is expected to revert in the second half.
"Global growth risks persist, although international financial volatility has decreased due to expectations of a more expansionary monetary policy stance in developed economies," it underscored.
The BCR considers that it is appropriate to maintain an expansionary monetary policy stance and pays close attention to new information on inflation and its determinants in order to assess future changes in this stance.