The Central Reserve Bank of Peru (BCR) reported that the 12-month rate and inflationary trend indicators were within the target range of 1% to 3% in 2019.
Likewise, the issuing entity stressed that
inflation expectations were very close to the midpoint of the Central Bank's 2% target range.
Thus,
annual inflation went from 2.2% in December 2018 to 1.9% in December 2019, thereby hovering around the center of the target range.
"With this result, Peru's inflation rate continues to be one of the lowest in the region," the BCR stated.
(END) MDV/RMB/MVB
Published: 1/6/2020