February 10, 2017 / 5:58 PM / 6 months ago

Peru cenbank expects inflation to take longer to reach target

LIMA, Feb 10 (Reuters) - Peru's central bank said Friday that it expects inflation to ease into its 1-3 percent target range in the second half of 2017 instead of mid-2017 because of the impact of heavy rains and droughts on food prices.

But the central bank still expects inflation to reach its previous year-end forecast of 2.3 percent, the bank's economist Adrian Armas told reporters on a conference call.

Reporting By Teresa Cespedes

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