Peru: Inflation falls in August
Inflation came in at 5.6% in August, which was down from July’s 5.9% and marked the lowest reading since September 2021. That said, the print remained above the Central Bank’s 1.0-3.0% target range for the 26th consecutive month.
Annual average inflation dipped to 7.7% in August from 8.0% in July. Lastly, consumer prices increased 0.38% over the previous month in August, following the 0.39% increase logged in July.