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    April 9, 2021

    Global | The COVID-19 impact on Consumption in Real Time and High Definition: April 9th

    Consumption growth sharply accelerated during March compared with last year lockdowns, this increasing growth rates are observed across all countries and sectors.

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    April 9, 2021

    Peru | Central Bank reaffirms absence of inflationary pressures

    The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in April. The Bank renewed its commitment to maintain a strongly expansive stance for a prolonged period and stated that the higher inflation observed in March is transitory.
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    April 5, 2021

    Peru | Supply factors temporarily increase inflation

    In March, the Consumer Price Index increased by 0,84%. With this outcome, inflation increased from 2,4% in February to 2,6% in year-on-year terms, mainly explained by supply factors.
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    April 1, 2021

    Peru | Real-time analysis of the impact of COVID-19 on consumption (up to March 29)

    In March, total card consumption grew 86.3% YoY, this is explained by a low comparison base (in the second half of March 2020, mobility restrictions began due to the beginning of the pandemic).
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    March 15, 2021

    Peru | GDP contracts again in January

    GDP contracted 1.0% year-on-year in January. Mining and hydrocarbons weighed down activity in January. These sectors were joined by others that have been experiencing contractions for almost a year, such as commerce and services
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    March 12, 2021

    Peru | Central Bank reaffirms strongly accommodative monetary policy stance

    The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in March. The Bank renewed its commitment to maintain a strongly expansive stance for a prolonged period in spite of a faster recovery of global economic activity.
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    March 5, 2021

    Global | The COVID-19 impact on Consumption in Real Time and High Definition: March 5th

    The impact of the third wave was higher than the second one, but still far away from the first one. The recovery is still uneven across sectors and countries. New waves and restrictions narrowed the gap between LATAM countries and the rest.

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    March 1, 2021

    Peru | Inflation surprised to the downside in February

    In February, the Consumer Price Index decreased 0.13% MoM, surprising the market consensus to the downside (+0.20%). The result is explained, mainly, by the decrease in the prices of some foods. Headline inflation in year-on-year terms fell to 2.4% in February and inflation excluding food and energy to 1.6%.
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