The inflation on Metropolitan Lima rose 0.58% in October 2021 and a cumulative annual variation of 5.23%, according to figures provided by the National Institute of Statistics and Informatics (INEI) released this November 1.
In this way, the indicator presented a slight rise in the tenth month of the year, with respect to September, which was 0.40% (4.62% accumulated annual).
Meanwhile, at the national level, the consumer price index also presented a variation of 0.58% and an accumulated variation of 5.73%. Exceeding by one tenth that of September.
Although the figures are above the range, Julio Velarde, head of the BCR He explained in his quarterly inflation report presented last September that high prices were linked to commodities such as food and energy, which have risen sharply.
At that time, Velarde said that he expected these factors to be transitory, so he predicted that twelve-month inflation would begin to decline from November.
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