Peru inflation reduces in May for 2nd straight month

Peru inflation reduces in May for 2nd straight month

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LIMA (Reuters) – Peru’s regularmonthly inflation rate slowed for the 2nd month in a row May to 0.09%, taking yearly inflation down to its mostaffordable level in 3 years, according to information released on Saturday by nationwide stats firm INEI.

On a annual basis, costs in May slowed to 2%, within the main bank’s target variety and listedbelow the yearly rate taped a month previous as the nation shakes off the results of the COVID pandemic and other shocks.

The May reducing was the outcome of a drop in costs of both food and non-alcoholic drinks, according to the c

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