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Peru: Inflation forecast falls in February

09:27 | Lima, Mar. 12.

Peru's inflation forecast for the next 12 months stood at 2.40% in February 2019, Central Reserve Bank (BCR) has reported.

According to the issuing entity, this projection has remained within the target range since May 2017. 

Likewise, economic analysts and the financial system companies lowered inflation forecasts for 2019. 

In the first case, inflation expectations were reduced from 2.50% in January to 2.35% in February; while in the second, the projection fell from 2.45% in January to 2.40% in February. 

Both economic agents, as well as the non-financial businesses, maintained their inflation forecast at 2.5% for 2020. 

The three groups project the same rate for 2021. 

(END) MDV/DTK/RMB/MVB

Published: 3/12/2019
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