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Thursday, October 07, 2010

Special Reports

Latin America Inflation: Peru, Panama Best

Peru and Panama keep inflation low despite strong economic growth.

INFLATION TAMER President Alan Garcia (far left) with his cabinet yesterday. Economy and finance minister Ismael Benavides Ferreyros is seen immediately to Garcia's left. (Photo: Oscar Farje/Peru President's Office)

BY CHRONICLE STAFF

Peru will likely have Latin America’s lowest inflation the next five years, according to a Latin Business Chronicle analysis of new forecasts from the International Monetary Fund.

Meanwhile, Venezuela will post the highest rate in the region and worldwide.

All in all, Latin America is expected to see an average inflation of 5.5 percent in the 2011-15 period, which is higher than the global average of 3.7 percent.

Peru’s inflation should reach an average of ...

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TABLE: Average Latin American Inflation 2011-15

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