Monetary Policy
Key Facts
—The decision. Peru’s central bank left its reference rate at 4.25 percent on Thursday, where it has stood since September 2025.
—The breach. Annual inflation rose to 4.0 percent in June. Core inflation reached 4.5 percent. The target range is 1 to 3 percent.
—The number nobody leads with. Exclude transport and core inflation is 1.6 percent, below 2 percent every month since April last year.








