Peru’s YoY inflation in January was 1.70% at the headline level, rising and closer to the 2% target relative to recent months (see our Peru inflation chart pack for more details). Inflation ex-food and fuels meanwhile printed at 2.03%, up from 1.84% in December, and in line with the 2% BCRP inflation target.
For more, including market takeaways, please see full note.