The central bank of Peru held the benchmark interest rate unchanged at 0.25 percent on Thursday 9 March 2021, as widely expected. Policymakers underscored that annual inflation increased from 2.4 percent in February to 2.6 percent in March amid rising food prices. The central bank projects that inflation will remain in the lower bound of the target throughout 2021 and 2022. The Board also noted that considers it appropriate to maintain an expansionary monetary stance for as long as the negative effects of the pandemic on inflation persists. source: Central Reserve Bank of Peru
Interest Rate in Peru averaged 3.50 percent from 2000 until 2021, reaching an all time high of 8.90 percent in January of 2001 and a record low of 0.25 percent in April of 2020. This page provides - Peru Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Interest Rate in Peru is expected to be 0.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Peru to stand at 0.50 in 12 months time. In the long-term, the Peru Interest Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.