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)

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

Recent estimates from the president of the Central Reserve Bank of Peru, Julio Velarde, indicate that the country stands out as one of the most advanced in monetary digitization, second only to Argentina and Venezuela.

According to Velarde, Peru showed significant progress in this area in 2025, “and currently almost all of its productive sectors operate in this way.”

Velarde emphasized that in Peru, monetary digitization has a different focus than simply replacing the cash that citizens had to carry, instead orienting itself towards “a completely different modernization process, which is currently being applied in almost all productive activities.”

The official estimates that by the end of 2026, the South American country will have made significant progress in implementing “a platform that will be extremely powerful in terms of digital payments, which will have a major impact on the country’s rural areas.”

M.Pino

Source: swissinfo

(Reference image source: Nick Pampoukidis on Unsplash)

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La entrada Peru shows strong progress towards monetary digitization in the region apareció primero en Bitfinance.