Peru’s Inflation Cools in May but Stays Above Target

PERU · ECONOMY Key Facts —The headline: Consumer prices in Lima fell 0.16% in May from April, the first monthly decline of the year, with annual inflation easing to 3.91%. —The shift: The figure compares with a 0.52% monthly rise in April, when the annual rate stood at 4.01%. —The caveat: At 3.91%, annual inflation […] The post Peru’s Inflation Cools in May but Stays Above Target appeared first on The Rio Times .