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BCRP President Velarde Concerned With Inflation Becoming More Permanent

PERU
  • At the same webcast event, Peru central bank President Julio Velarde said Peru’s central bank is concerned that inflation might become “more permanent” as it potentially reaches 23-26 months out of the target range.
  • Separately, Peru’s communities of Espinar, located in Cusco, announced that they will resume an indefinite strike against the Antapaccay mining company, operated by Glencore, on April 20, local media Ojo Publico reported.

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