A new rise in inflation in March in the United States could definitively remove the prospect of an interest rate cut by the Federal Reservethe US central bank, at its June meeting. Long awaited by the markets, the reduction in interest rates would be a relief for many companies dependent on credit for their development, […]
Tag: food price
Private school pensions increase by more than 6%
By Susana Condado The Consumer Price Index (CPI) of metropolitan Lima rose by 1.01% during March, being higher than expected by the market consensus (0.76%), according to a Bloomberg survey. This increase in prices during the last month would be concentrated mainly in the education and food and non-alcoholic beverage sectors, whose incidence in the […]
Inflation escapes the BCRP goal and reaches 3.30%
The high temperatures recorded in February affected poultry productsas well as readjustments in some rates, such as in the case of drinking water, and brought with them a rebound in February inflation. According to the report from the National Institute of Statistics and Informatics (INEI), the Consumer Price Index (CPI) for the second month of […]
Egg rises S/1.20 in the last month and will continue to rise
The price of a kilo of eggs in Metropolitan Lima has registered an increase of S/1.21 in the last month, according to the Supply and Price System (SISAP) of the Ministry of Agrarian Development and Irrigation (Midagri). As of January 17, at the retail level, it was at S/7.15 on average, while on last Friday, […]
Inflation one step away from normalizing: it reached 3.02%
The annual Consumer Price Index (CPI)—an academic term used to measure inflation—reached 3.02% in January in metropolitan Lima, according to the National Institute of Statistics and Informatics (INEI). This rate, despite measuring only the capital’s situation, is the barometer to measure the performance of prices in the Peruvian economy. Thus, it reached its lowest value […]
Chicken, meat, salt, sugar, milk and yellow chili among the foods that rose the most in 2023
The National Institute of Statistics and Informatics reported that the Food and Non-Alcoholic Beverages item contributed to inflation of 3.24% in 2023 with a progress of 3.74%. This increase was supported by the higher prices observed in meat (7.9%) such as ground beef (12.3%), chicken giblets (12.1%), beef stew meat (11.4% ), gutted chicken (10.3%), […]
Julio Velarde: “We are on the way to defeating inflation”
Inflation is on track to reach the target range – set between 1% and 3% – for the first half of 2024, according to the Central Reserve Bank (BCRP). In this way, the entity reported an adjustment in the projection of this indicator, going from 3.8% to 3.1% by the end of 2023, due to […]
Inflation will normalize after two years of rise
The year-on-year inflation in Metropolitan Lima It closed November at 3.64%, reaching its most moderate variation in 29 months – since June 2021 – according to the National Institute of Statistics and Informatics (INEI). Only in November the Consumer Price Index (CPI) – by its technical name – fell 0.16% while in the accumulated since […]
Inflation in October hits 27-month lows
Inflation not only decreases because the prices of some products are corrected, but because the prices of others do not progress due to slow market dynamics. Thus, in October, the Consumer Price Index (CPI) in Metropolitan Lima recorded a year-on-year decline of 0.32%, rounding out a drop of 2.99% so far this year, according to […]
Lemon and onion continue to decline: how much was a kilogram sold for today in the Lima markets?
With information from URPI-LR He lemon price It started another week downwards and fell to less than S/2 per kilogram wholesale due to a greater supply of citrusaccording to the Ministry of Agrarian Development and Irrigation (Midagri). He subtle lemon in bag was sold at S/1.72 per kg, while in drawer at S/2.17 in wholesale […]