Based on the Survey of Macroeconomic Expectations conducted last January, inflation in Peru is expected to remain within the 1%-3% target range both in 2020 and 2021, the
has reported.
Thus, inflation this year would stand at 2.0%, while in 2022 it is expected to register a rate between 2.0% and 2.2% —within the target range.
"According to the Survey conducted in January, economic analysts and financial entities expected one-year ahead inflation to reach 2.0%. This indicator has been within the target range since May 2017," the issuing entity indicated.
Moreover, it said, inflation expectations have remained within the target range 86% of the time in the last 19 years.
GDP
It is expected to rise 4.0% in 2022, the BCR noted.
In January, expectations of one-year ahead GDP growth stood at 8.6%.