The Central Reserve Bank of Peru held its benchmark interest at an all-time low of 0.25% on 14 January 2020, as widely expected. Policymakers noted inflation declined 1.97 percent in December from 2.14 percent in November 2020, retreating from the highest since June of 2018. The Committee said that while economic activity has gained steam, it still remains well below 2019 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 3.56 percent from 2000 until 2020, 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 January 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 0.25 in 12 months time. In the long-term, the Peru Interest Rate is projected to trend around 0.50 percent in 2021 and 1.50 percent in 2022, according to our econometric models.