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BCRP's Macera Says Current Inflation Situation Is Global Issue

PERU
  • The General Manager of the Peruvian Institute of Economy (IPE) and member of the Board of Directors at the Central Reserve Bank (BCR), Diego Macera, on Wednesday affirmed that Peru is one of the countries with the lowest inflation rates in the region.
  • According to Macera, most price increases occurred in 2021, for example, those of steel, iron, plastics, chemicals, among others, and there is a lag this year, which might be lower than last year.
    • "As of July and August, inflation is expected to be lower than it was in the first half of 2022," he said.
    • Macera emphasized that the current situation of rising prices is a global issue, and Peru is one of the countries with the lowest inflation rates at the regional level.
    • "Most of the inflation in the country is caused by imported products, by food and energy," he explained. (Andina)

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