peru inflation rises less than expected holding near two percent target

Consumer prices in Lima, Peru, rose by 2.01% year-over-year in October, which is slightly lower than the 2.13% median estimate from economists surveyed by Bloomberg. This indicates that inflation is staying within the central bank's target range.

On a monthly basis, prices decreased by 0.09%, following a decrease of 0.24% in September. These figures suggest that inflationary pressures in the capital are stabilizing, aligning with the central bank's goal of maintaining price stability.

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