Peru: Inflation expectations within target range | News | AN

Peru: Inflation expectations within target range | News | ANDINA


10:40 | Lima, Feb. 7.
Based on the Survey of Macroeconomic Expectations conducted last January, inflation in Peru is expected to remain within the 1%-3% target range both in 2020 and 2021, the Central Reserve Bank (BCR) has reported.
Thus, inflation this year would stand at 2.0%, while in 2022 it is expected to register a rate between 2.0% and 2.2% —within the target range. 
"According to the Survey conducted in January, economic analysts and financial entities expected one-year ahead inflation to reach 2.0%. This indicator has been within the target range since May 2017," the issuing entity indicated.
Moreover, it said, inflation expectations have remained within the target range 86% of the time in the last 19 years. 

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