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Peru's central bank held its benchmark rate at 4.25% at its October session, unchanged for over a year. Inflation rose to 4.5% in September from 4.4% in August, driven by higher fuel and electricity prices, while mining export values surged 58.6% year on year in January-May.
Mining export receipts are strong on price rather than volume, and El Niño is trimming growth forecasts, which weighs on the outlook for Peru's economy and currency. Fishing disruption from El Niño is a separate feed-relevant risk for fishmeal supply.
themonetapost.comRedacción The Moneta PostNov 3, 2026Not 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.
