The National Institute of Statistics and Informatics (INEI) reported that the consumer price index, an indicator that measures inflation in the country, grew 1.25% in March 2023, the highest figure recorded in a year, taking into account that it only grew 0.29% in February and 0.23% in January. The monthly result was mainly influenced by […]
Tag: inei
INEI: 26% of households are supported by an older adult
At the end of the last quarter of 2022, approximately 4.5 million older adults were registered in Peru, according to the National Institute of Statistics and Informatics (INEI). of this universe, 1 million 536,200 compatriots aged 60 and over have a job, which slightly exceeds, even, what was seen before the arrival of the coronavirus. […]
INEI: annual inflation in Lima was 8.40% in March
In the third month of 2023, inflation in Metropolitan Lima rebounded to 1.25%, after rising by 0.23% and 0.29% in January and February, respectively. As reported by the National Institute of Statistics and Informatics (INEI), inflation in the first quarter of the year accumulated a rise of 1.78%. With the result for March, inflation, in […]
March inflation was 1.25% in Metropolitan Lima, the highest in a year
The Consumer Price Index (CPI) – an indicator that measures inflation – in Metropolitan Lima reached 1.25% in March, the highest in a year, achieving an accumulated variation of 1.77% at the end of the first quarter of 2023 , reported the National Institute of Statistics and Informatics (INEI). The increase in inflation in the […]
FOSE Law: stratification of households for subsidy is suspended until further report from INEI
The Peruvian Government promulgated today, March 21, 2023, the Law No. 31713, suspending the application of article 3-A of the Law No. 27510, that creates the Electric Social Compensation Fund (FOSE), which had previously been approved by the Congress of the Republic, with the objective of correcting the distortions in the electricity rates generated. At […]
Economy returned to the negative tranche after two years
During January of this year, national production contracted 1.12%, the first negative figure after 22 months, according to the monthly report of the National Institute of Statistics and Informatics (INEI). Economic activity was affected in the first month of 2023 by the fall in sectors such as construction (-11.70%), telecommunications and others (-9.26%), financial and […]
Inflation in five cities exceeded 1% in February, according to INEI
The price index in Metropolitan Lima, in the second month of the year, advanced by 0.29%. While at the national level it was 0.49% and reached an annual variation of 8.65%. The southern areas are the most affected by the rise in products. Of the 26 main cities in the country, some five exceeded 1% […]
Inflation 2023: what are the products that rose and fell in price the most in February?
In February, the Consumer Price Index for Metropolitan Lima rose 0.29%. Furthermore, in the last year, the rise was 8.64%. According to the INEI, of the 586 products that make up the family basket, 385 registered price increases. Which are? During February 2023, Inflation in Metropolitan Lima presented an advance of 0.29% and accumulated growth […]
Government announces plan to reduce poverty in the country
Target set. Of the 8.5 million poor people left behind by the pandemic, with the National Development and Social Inclusion Policy, the indicator would drop to about 5.2 million. Executive assures that they will not only focus on economic needs. The COVID-19 caused Peru to go back 10 years in terms of the fight against […]
Peru grew less than expected: 2.68% in 2022
Deceleration. During December, national production reached 0.86%, its lowest figure since February 2021. Sociopolitical conflict has not yet been fully reflected in the indicators. Fishing production closed the year with a fall of 13.74%. Despite the elimination of almost all the sanitary restrictions required by the coronavirusthe Peruvian economy failed to grow as expected during […]