Economy / Peru
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
Macroeconomic Forecast Peru
October 2008 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
Headline inflation (according to Peru's Lima metropolitan price index) started to come down slightly in September to 6.2% y-o-y, from its ten-year high of 6.3% in August, as food and fuel prices started to come off from their earlier peaks. The outturn reflects the ongoing decline in global commodity prices on the back of slowing demand, and suggests that in line with our generally bearish medium-term outlook on commodities, consumer price inflation (CPI) has further room to slow going forward.