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  • The mild inflation uptick in Peru was driven by base effects, underlying price pressures remain in check.
  • Economic momentum is holding steady, with construction, credit and labour markets resilient.
  • Fiscal discipline and solid external accounts support PEN stability amid mounting political uncertainty.

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Keywords for: 8 October 2025 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence