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Central Bank Raises 2023 CPI Forecast To 3.3%, Cuts 2023 GDP To 2.2%

PERU
  • PERU'S INTEREST RATE BEEN ENOUGH TO LOWER INFLATION: VELARDE
  • PERU CENTRAL BANK CUTS COUNTRY'S ECONOMIC GROWTH PROJECTION FOR THIS YEAR TO 2.2%, FROM 2.6% : REPORT - Reuters News
  • PERU CENTRAL BANK RAISES 2023 INFLATION FORECAST TO 3.3% (BBG)
  • PERU INFLATION TO HIT TARGET IN EARLY 2024: VELARDE
  • Recall that in the last statement, the BCRP slightly adjusted their language to indicate that the "downward trend in year-on-year inflation is forecast to continue in the following months, near the target range at the end of the year".

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