Inflation closed 2023 at 3.24%, above the BCRP target range

Inflation closed 2023 at 3.24%, above the BCRP target range

For the third consecutive year the consumer price index ended up above 3%, according to INEI data.

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The consumer price index Metropolitan Lima concluded the year 2023 with an advance of 3.24%. In this way, inflation accumulated three consecutive years above the target range of the Central Reserve Bank of Peru (BCRP), which ranges between 1% and 3%.

According to the National Institute of Statistics and Informatics (INEI), only in December inflation had an increase of 0.41%, after decreases were reported in the previous two months.

At the national level, the consumer’s price index It closed last year at 3.41%, below the data for 2021 and 2022, which stood at 6.99% and 8.56%, respectively.

ABOUT THE AUTHOR:

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Editor of the Economics section. Journalist from the University of San Martín de Porres, with more than 15 years of experience, specializing in mining and energy issues. Twice winner of the Ramón Remolina Serrano journalistic contest of the Lima Chamber of Commerce. He has a Diploma in Communication, Journalism and Society from Esan University.

Source: Larepublica

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