RIO DE JANEIRO, BRAZIL - 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, January 1st.
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 . . .