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Peru's annual inflation rose to 5.25% in October, above the 4.6% market forecast and up from 4.55% in September. The dollar opened at S/3.460, below the prior close of S/3.470.
Analysts said the data reduces the central bank's room for further rate cuts.
Higher inflation that limits rate cuts can support the sol and raise domestic costs for feed producers. The effect on international grain and oilseed prices is minimal.
Not 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.