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Peru’s inflation stood at 0.98% in August

RIO DE JANEIRO, BRAZIL - Inflation maintained its trend in August, after reaching the highest peak so far this year in July (1.01%). "The annual inflation rate, corresponding to the past 12 months, shows a 4.95% variation," INEI reported.

The 4.2% accumulated variation from January through August exceeds the annual target range of between 1.0% and 3.0% set by the Central Bank for 2021.

In August, the items that led the price rise were housing rent, fuel and electricity, up 2.53%, followed by food and beverages up 1.38%, and transportation and communications with a . . .

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