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Financial News: PERU: Annual Inflation Slows ]to 0.36% On Year

PERU: Annual Inflation Slows ]to 0.36% On Year In March

04/02/2018 - 14:58:00 (RTTNews)

(RTTNews) - The consumer price index in Lima, the benchmark inflation index in Peru, rose 0.36% in March from a year before, losing strength from the previous month, when the index increased 1.18%, according to the country's statistics office (Inei).

On a monthly comparison, the Peruvian consumer price index increased 0.49% in March. In February, the index grew 0.25%. So far in 2018, the inflation rate in Peru is up 0.87%.

The consumer price index excluding food and energy prices increased 1.99% in March from a year before and rose 0.85% compared to February.

The annual inflation target in Peru ranges from 2% to 4%.

The next monetary policy meeting at the Peruvian central bank is scheduled for April 12.

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