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Peru's Central Reserve Bank kept its reference rate at 2.75% on November 9, 2018, because year-on-year inflation and trend inflation stayed within the target range in October. The bank said third-quarter activity showed temporary signs of slower momentum and remained below potential, and flagged higher global risk and financial volatility from trade tensions.
A steady policy rate and subdued domestic activity point to limited near-term demand for feed in Peru's livestock and poultry sectors, while trade-tension volatility adds uncertainty to the sol and import costs. The price impact on feed commodities is minimal.
andina.peNov 9, 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.
