LatAm Daily | Upward surprise in inflation in Peru; CBs continue to exhibit a hawkish tone
Published on Monday, January 4, 2016 | Updated on Wednesday, January 13, 2016
LatAm Daily | Upward surprise in inflation in Peru; CBs continue to exhibit a hawkish tone
Summary
In the last few days, during the holidays season, data for Peru showed that inflation closed 2015 at 4.4% YoY, reinforcing the prospects of further monetary tightening. Recent communication by BanRep and Banxico also suggested that extra interest rate hikes will be announced soon. In Brazil additional fiscal deterioration makes a Selic hike more likely.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
- 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