Tuesday, January 31, 2017

Poll Reuters: Inflation would be 0.27% in January – Daily Management

estimates on the variation of the Index of Consumer Prices (IPC) of ten analysts fluctuate between increases of 0.15% and 0.35%, said the survey of Reuters.

.- the (Reuters) Metropolitan Lima recorded in January inflation at 0.27% due to a rise in the prices of some food and fuel, while the annualized rate would slow slightly, according to a survey of Reuters.

The inflation of January to be well below the 0.33 per cent recorded in December, and of 0.37% from January of last year.

"it Would have influenced the prices of some perishable foods, such as vegetables and fruits, which would have been offset by a lower average price of poultry products and tubers", explained the senior analyst of Department of Economic Studies at Scotiabank, Mario Guerrero.

According to analysts, the increase in seasonal prices of fruits and vegetables was also driven by heavy rains in agricultural areas of the country, who come generating landslides of mud and rock, flooding and the blocking of some stretches of roads.
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The prices of the food and drinks have the highest weight in the calculation of local inflation.

Also, fuel prices also have increased slightly in January, although the increase would have been compensated for a correction of the rates of transport across provincial borders, said the chief economist of BBVA Research, Francisco Grippa.

The inflation rate of the last 12 months to January would have slowed to between 3% and 3.1%, nearing the ceiling of 3% of the target range officer, from the 3.23% registered at the close of 2016.

The Central Reserve Bank (BCR) estimated in mid-December inflation of 2.3% for this year.

These are the estimates of the analysts on the variation of consumer prices in January, whose official figure will be aired on 1 February:

Organization Inflation January 2017
UBS 0.35%
Phase Consultants 0.35%
Itaú Bank, 0.30%
4CAST 0.30%
BBVA 0.27%
Pantheon 0.26%
JPMogan 0.21%
Barclays 0.20%
Bank of America, 0.19%
Scotiabank 0.15%
Median 0.27%
Average 0.26%

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