LatAm Daily | Upward surprise in inflation in Peru; CBs continue to exhibit a hawkish tone

Published on Monday, January 4, 2016 | Updated on Wednesday, January 13, 2016

LatAm Daily | Upward surprise in inflation in Peru; CBs continue to exhibit a hawkish tone

Summary

In the last few days, during the holidays season, data for Peru showed that inflation closed 2015 at 4.4% YoY, reinforcing the prospects of further monetary tightening. Recent communication by BanRep and Banxico also suggested that extra interest rate hikes will be announced soon. In Brazil additional fiscal deterioration makes a Selic hike more likely.

Geographies

Topics

Authors

Marina Conesa
Enestor Dos Santos BBVA Research - Principal Economist
Hugo Perea BBVA Research - Chief Economist
Cecilia Posadas BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano BBVA Research - Chief Economist
Juana Téllez BBVA Research - Chief Economist

Documents and files


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Report (EPUB)

67413_108455.epub

English - January 4, 2016

Report (PDF)

67413_108455.pdf

English - January 4, 2016

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