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Consumer prices in Metropolitan Lima rose 0.12% month on month in November, and annual inflation reached 2.2%, its highest in over a year. Core inflation was steady at 2.5%.
The LatinFocus panel expects inflation of 2.3% at the end of 2019.
Higher food prices were a main driver, but this is a local consumer-price reading with little bearing on global feed-ingredient prices. Modest inflation keeps Peru's central bank policy steady and has minimal effect on the sol.
poandpo.comDec 14, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
