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Peru's Inflation Unexpectedly Picks Up With Rising Food Prices

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Peru's Inflation Unexpectedly Picks Up With Rising Food Prices
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Peru's Inflation Unexpectedly Picks Up With Rising Food Prices reports that inflation in Peru accelerated unexpectedly in June, staying above the central bank’s target range for a fourth consecutive month. In Lima, consumer prices rose 4.01% in June compared with the same month a year earlier, up from 3.91% in May. The article attributes the uptick largely to higher food costs, linking the move to broader global energy shock effects mentioned as part of the context. The provided excerpt does not include the central bank’s specific policy response or additional month-by-month breakdowns beyond the June and May figures. It also does not specify further categories of inflation besides food, though it underscores that food prices were the key driver behind the acceleration. Overall, the report signals that price pressures persisted even after prior months.

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