LatinNews Daily - 13 May 2022

In brief: Peru hikes interest rates

* Peru’s central bank (BCRP) has raised the benchmark interest rate by 50 basis points to 5%, following its announcement that annual inflation in April climbed to 7.96% – up from 6.82% in March. Monthly inflation in April was 0.96%, down from 1.48% the previous month. In a statement, the BCRP said it expects annual inflation to begin falling from July, but that annual inflation is not expected to fall within the target range of 1-3% until Q2 or Q3 2023.

End of preview - This article contains approximately 83 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.