The result placed the price variation in the last 12 months at 8.74%, more than double the target range of inflation annual rate of 3.7% determined by the Peruvian authorities at the beginning of 2022.
In the first seven months of the year, accumulated inflation was estimated at 5.42%, said the INEI.
The official report for July indicates that “the monthly result was mainly influenced by the increase in the Transportation divisions (2.49%); Food and non-alcoholic beverages (1.56%), Restaurants and Hotels (0.79%)”.
The increase in prices in the areas of health (0.59%), goods and services (0.48%) and accommodation, water, electricity, gas (0.45%) also affected the inflation index.
Last year, Peru closed with an inflation of 6.43% when the goal of the central bank It was 3.0%, amid electoral tensions and the covid-19 pandemic.
In 2020, in full covid-19 pandemicinflation was 1.97%, slightly higher than the 1.9% of the pre-pandemic year of 2019.
Source: Ambito
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