The projections of the Central Reserve Bank of Peru regarding the country’s annual inflation rate place the figure at 2.4 %. This was indicated last week by the president of the regulatory body, Julio Velarde, adding that the gross domestic product is estimated at 3.2 % for 2026.

According to the BCRP official, who made the statements during the presentation of the March Inflation Report, indicating that “it will register a temporary spike in prices due to fuel rationing and the international impact of the conflict in Iran on oil.”

Velarde anticipates a significant impact from the increase in gas and fuel prices, as well as food prices, “given the high weighting of the food basket in the Peruvian price index.”

The rise in international oil prices directly impacts transportation costs, in addition to “key inputs for food production, such as grains and chicken.”

In this context, the president of the Central Reserve Bank of Peru (BCRP) “highlighted that Peru maintains the lowest inflation in the region and that the projection for 2027 is 2 %, within the target range.”

Regarding GDP growth, Velarde specified that, although it will be lower than last year’s, it will be above the previous projection, which in December stood at 3 %.

In conclusion, “the BCRP estimates GDP growth of 3.2 % in 2026 and 2027, accompanied by a rebound in private investment of 9.5 % in 2026 and 5 % in 2027.”

Finally, the official addressed the public debt, estimating that it will reach 29.3 % of GDP, with an increase in current spending.

M.Pino

Source: finanzasdigital

(Reference image source: SnapSaga on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Central Bank of Peru projects 2.4 % inflation in 2026 apareció primero en Bitfinance.