The world food price index fell 1.6% in January due to the decrease in sugar and vegetable oils, but rose 6.2% compared to the same month last year, the United Nations Food Organization reported Friday and agriculture (FAO). The FAO indicator, which follows the changes in international prices of a set of food products monthly, […]
Tag: food price
Up to almost 50% more: these are the basic basket foods that increased in price in June, according to INEI
Monthly inflation in Metropolitan Lima increased by 0.12% in June of this year and its annual variation was 2.29%, according to a recent report by the National Institute of Statistics and Informatics (INEI). These results were influenced by the variation in prices observed in the consumer divisions, Miscellaneous Goods and Services with 0.27%, Restaurants and […]
June inflation rose in metropolitan Lima, but fell in 15 cities
Inflation in metropolitan Lima in June rose by 0.12%, resulting in a 1.57% increase in the consumer price index in the first half of the year. According to figures reported yesterday by the National Institute of Statistics and Informatics (INEI), the year-on-year inflation rate (July 2023-June 2024) stands at 2.29%, within the target range of […]
Inflation in May fell to 2%: prices could take time to fall
The variation of the Consumer Price Index (CPI) in metropolitan Lima decreased by 0.09% in May and reached an interannual variation of 2%, its lowest level since December 2020 (1.97%), according to the National Institute of Statistics and Informatics (INEI). The fall in inflation is mainly explained by lower prices in food and non-alcoholic beverages, […]
The price of chicken is falling little by little: a kilo is sold for S/9.23 in retail markets
The price per kilo of chicken in retail markets has shown a slight contraction in recent days, and registers an average of S/9.23, according to data from the Ministry of Agrarian Development and Irrigation (Midagri). In the last month, the price of gutted chicken to the consumer—that is, the neighborhood markets and businesses—moved between S/9.69 […]
Inflation below 3% after almost 3 years
After 35 months, inflation returned to the target range of the Central Reserve Bank of Peru (BCRP), which ranges between 1% and 3%. The INEI reported that, in February, the Consumer Price Index (CPI) for April fell by 0.05%, thus the annual rate stood at 2.42%. Although the news seems positive, the truth is that […]
US inflation in March could affect interest rate decision
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, […]
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, […]