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Peru: Castillo Approval Rating Continues To Sink

LATAM

The approval rating of Peru's president Pedro Castillo continues to sink amid unrest over inflation and fuel prices.

  • Castillo took office eight months ago and has since survived a second impeachment attempt last month and now widespread unrest over the rising price of fuel and fertilisers.
  • In addition to domestic factors, a key driver of the rising fuel prices that has sparked much of the unrest is the impact of the war in Ukraine on global commodity prices.
  • Bloomberg: 'Higher commodity prices caused by Russia’s invasion of Ukraine are among the main drivers of inflation in Peru, with transportation costs rising 1.89% on the month.'
  • Datum Poll: 'Approval rating for the performance of President Pedro Castillo.'
    • Approve: 15% (-4)
    • Disapprove: 80% (+6)
    • Don't know: 5% (-2)

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