finance
Lima Inflation Cools Below Forecasts in May
Consumer prices in Peru’s capital rose less than expected in May yet stayed above the central bank’s target range for a third consecutive month.
Jun 1, 9:58 AM·1m read1 source
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Inflation in Peru’s capital came in below expectations in May, but remained above the central bank’s target range for the third straight month. @business reported the May reading for Lima showed price growth easing from the prior month while still exceeding the range set by the country’s central bank.
The data indicate that the three-month sequence of above-target inflation has continued even as the pace of price increases moderated relative to forecasts.
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