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Peru central bank cuts 2017 inflation forecast
June 16, 2017 / 5:18 PM / 6 months ago

Peru central bank cuts 2017 inflation forecast

LIMA, June 16 (Reuters) - Peru’s central bank forecast 2017 inflation of 2.2 percent on Friday, slightly below its previous estimate of 2.4 percent, and said 2018 inflation would be 2.8 percent.

Central Bank President Julio Velarde said in a news conference to discuss the bank’s quarterly report that June inflation would likely be around zero or even negative. (Reporting by Teresa Cespedes; Writing by Caroline Stauffer; Editing by Chris Reese)

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