The Central Reserve Bank of Peru held its benchmark interest at an all-time low of 0.25% on 11 February 2021, as widely expected. Policymakers noted that inflation jumped to 2.7 percent in January from 2 percent in December 2020 nudged mainly by supply-side factors. The Committee said that while economic activity has gained steam, it moderated in the last few months and still remains well below prepandemic levels. Policymakers said that it is appropriate to maintain a strongly expansionary monetary stance for a prolonged period and as long as the negative effects of the pandemic on inflation and its determinants persist and added that is attentive to expand the monetary stimulus under different modalities. source: Central Reserve Bank of Peru
Interest Rate in Peru averaged 3.53 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 February 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.