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FocusEconomics: Peru inflation to end 2017 within target range

COP20 Centro Financiero Lima San Isidro Surco

COP20 Centro Financiero Lima San Isidro Surco

17:31 | Lima, Apr. 17.

FocusEconomics' Consensus Forecast LatinFocus analysts on Monday projected inflation in Peru will close the year within the Central Reserve Bank's (BCR) 1%-3% target range.

Panelists surveyed expect consumer prices to end 2017 at 2.9%, a 0.1% upwards revision from its March estimate. 

However, FocusEconomics maintains its 2.7% inflation forecast for next year.

It is worth noting Peru's annualized inflation stood at 4% in March, up from February's 3.25% rate, according to the National Institute of Statistics and Informatics (INEI). 

(END) MMG/JJN/DHT/MVB


Published: 4/17/2017
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