May inflation reflected supply factors
Published on Monday, June 2, 2014 | Updated on Wednesday, June 18, 2014
May inflation reflected supply factors
Summary
Consumer price index increased 0.23% May (BBVA: 0.25%, Consensus: 0.19%), mainly due to rising food and electricity prices, partially offset by a reduction in the cost of fuel. With this result, annual inflation rose to 3.6% (3.5% in April), context in which we have adjusted our forecast for the end of the year, from 2.7% to 3.1%
Geographies
- Geography Tags
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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