LatAm Daily | Policy rate hike in Peru due to higher inflation and inflation expectations
Published on Friday, December 11, 2015 | Updated on Wednesday, January 13, 2016
LatAm Daily | Policy rate hike in Peru due to higher inflation and inflation expectations
Summary
High inflation and inflation expectations were the factors behind the decision to increase the MPR to 3.75%, and we do not rule out another hike in the coming months. In Colombia, GDP grew above expectations in 3Q15 mainly due to retail and some services to households. The economic expectation survey in Chile anticipates a rate pause in the next monetary policy meeting.
Geographies
- Geography Tags
- Latin America
- Colombia
- Peru
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist