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Peru: Lima yoy inflation to January closes at 8.67%, less than expected despite protests

By Paola Villar S.

The National Institute of Statistics and Informatics (INEI) reported Wednesday that Lima's consumer price index (CPI) closed the first month of 2023 at 0.23%, bringing year-on-year inflation to January in Peru's capital city to 8.67%.

This figure is below most analysts' expectations, who expected annual inflation in Peru to be closer to 9%.

However, amid one of the most serious political and social crises facing the Andean country, the consumer price index has rebounded to its highest level since July of the previous year.

The consensus of analysts consulted by . . .

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