Peru | Inflation surprising on the upside in December
Published on Monday, January 4, 2016
Peru | Inflation surprising on the upside in December
Summary
In December inflation reached 0.45% m/m, above market expectations, due to the increase in public services and transportation tariffs. As a result, yoy inflation settled at 4.4%. Going forward, we foresee inflation accelerating onwards on the back of further domestic currency depreciation and “El Niño” weather phenomenon negative effects.
Geographies
- Geography Tags
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Francisco Grippa
BBVA Research - Principal Economist
Ismael Mendoza
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850