BCRP Keeps Interest Rate at 4.25% in September Despite Inflation Above Target Range
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
The BCRP reported that monthly inflation in August was 0.07 % and non-food and energy inflation was 0.02 %.
The Central Bank decided not to vary its reference rate, which it has maintained for more than a year. Inflation expectations to 12 months rose slightly in August, while the entity warned risks for the El Niño Phenomenon and geopolitical tensions in the Middle East.
During 2025, the issuing institute made three cuts to the key rate, in January, May and September, of 25 basis points in each case. This year, it has not made any movement.
Central Reserve Bank of Peru said that in annual terms, inflation rose from 4.1% in July to 4.4% in August, "mainly because of a base effect associated with negative monthly inflation recorded in August last year."
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
