Peru's inflation rate reached 5.25 percent in October
First published Mon, Nov 2
Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.
Peru's inflation rate reached 5.25 percent in October, the first time it has exceeded 5 percent in more than three years and its worst level in 38 months. The reading sits more than a full point away from the central bank's projection.12
Fuel prices and the El Niño phenomenon are pushing prices upward in Peru, with transport costs accumulating a rise of almost 16 percent over the past year on higher fuel and fare prices. The dollar opened the week at S/3.46 as the inflation figure was published.134
Attributed claim: La República, a centre-left outlet, focused on the burden carried by the poorest Peruvians, while the centre-right outlets Gestión, Infobae and El Comercio led on the headline rate and its distance from the central bank's target. The accounts agree on the 5.25 percent figure and the 38-month high; they differ in emphasis, with La República framing the number around who pays the most and the others around the breach of the monetary target.5214
