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August CPI Rises Above Surveyed Median Estimates

PERU
  • Reuters have reported that Peru consumer prices rise 0.38% in August. This does mark a very moderate slowdown from the 0.39% rise seen in the previous month but is above the surveyed median forecast of 0.24%. This should lead the annual figure to still decelerate from 5.88% Y/y, but not quite to the expected value of 5.43%. For reference, the next BCRP decision falls on September 14.

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