By Reuters Staff
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LIMA, Feb 1 (Reuters) - Consumer prices in Peru rose 0.74% in January, the largest year-on-year increase in nearly four years as fuel and food prices spiked amid a second wave of coronavirus infections, the government said on Monday.
The National Institute of Statistics and Informatics (INEI) said in a statement that the cost of food and beverages, which weigh most heavily on the indicator, jumped 1.43%, while that of fuels and home rentals rose 1.11%.
The increase in prices is the biggest since March 2017, according to government data. The January statistic pushed rolling 12-month inflation to 2.68%, nearing the high end of the central bank’s 1%-3% target range.
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Fresh cancellations hit reduced trade on the back of disastrous 2020
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THE coronavirus pandemic caused Costa Blanca hotels to suffer their worst-ever year with a 75% collapse in occupancy rates in 2020.
The figures were compiled by the National Institute of Statistics(INE).
The news comes as the sector is hit by a fresh blow of weekend perimeter closures starting this Friday(January 29) in major centres like Benidorm and Alicante.
The Benidorm-based hotel association, Hosbec, has called on Valencian President, Ximo Puig, to allow tourists with prior reservations to be able to maintain their bookings.
El envejecimiento de la población marca la caída de nacimientos en Huelva huelvainformacion.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huelvainformacion.es Daily Mail and Mail on Sunday newspapers.
6:12 AM MYT MEXICO CITY, Jan. 29 (Xinhua) Mexico s economy contracted 8.3 percent in 2020 year-on-year, marking its worst setback since the 1930s largely due to the novel coronavirus pandemic and lockdown, according to preliminary estimates published Friday by the National Institute of Statistics and Geography (INEGI). In the fourth quarter of 2020, Mexico s gross domestic product (GDP) fell 4.5 percent year-on-year, a more moderate contraction than the 18.7 percent decline in the second quarter of last year and the 8.6 percent decline in the third quarter, when the pandemic impacted productive activities, according to the INEGI report. In 2019, Mexico s GDP fell 0.1 percent, accumulating two years of contraction.