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Analysts and agents of the financial system have increased their inflation forecast for the next 12 months to 2.28% from 2.22%, within the target range of the Reserve Central Bank (BCR) of between 1% and 3%, reports the monetary authority.
The survey conducted by BCR in June forecast a 2.2% inflation of 2.1% at a prior consultation.
The level of inflationary anticipation is decisive in the decision-making monetary policy of the issuing institute. At its meeting in early June, the entity has left its interest rate unchanged.
For 2019, analysts consulted have left their inflation forecasts unchanged at 2.5%.
For its part, agents of the financial system have left their inflation expectations stable for this year at 2% and for the next at 2.4%, explained the BCR.
Inflation accelerated to 0.33% in June compared to 0.02% in May, which was largely due to an increase in transportation rates and fuel prices, caused in turn by higher rates of selective tax on consumption (CPI).
ECONOMIC ACTIVITY
With regard to the expectations of the Peruvian economy at 12 months, analysts and agents of the financial system calculate that the productive activity would increase 3.8%, of the forecast of a rise of 3.7% the previous month
The BCR expects the Peruvian economy will grow by 4% this year after a growth of 2.5% in 2017.
Source: Reuters
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