Peruvian Central Bank maintains benchmark interest rate at 0.25%

Year-on-year inflation increased from 2.0% in December to 2.7% in January due to specific supply factors that led to higher prices of some goods and energy.

RIO DE JANEIRO, BRAZIL - The Board of Directors of the Central Reserve Bank of Peru (BCR) decided to continue its expansionary monetary policy, maintaining the benchmark interest rate at 0.25% and implementing further liquidity injection operations.

Year-on-year inflation increased from 2.0% in December to 2.7% in January due to specific supply factors that led to higher prices of some goods and energy.

Likewise, it indicated that trend inflation remains in the lower part of the target range. "Thus, year-on-year core inflation was 1.7% in January at the center of the target," the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?