In March, Peru saw an unexpected inflation surge, with Lima’s consumer prices rising 3.05% year-on-year, above economists’ 2.8% estimate. This increase exceeded all forecasts, with none of the surveyed economists predicting inflation above 3%. Month-over-month, prices rose by 1.01% from February, highlighting the ongoing challenge for the Central Reserve Bank of Peru (BCRP). The bank, […]
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