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11th Apr 2022 00:20Latin America, Daily Monitor, Weekly Monitor

Inflation was already biting in LatAm, but now the effects of the Ukraine war are adding further pressure. 

Inflation will remain elevated in Q2, due to deteriorating global conditions and supply issues. 

Peru's BCRP has delivered another bold rate hike, and the door for further tightening remains open. 

bcch bcrp brl central banks commodities consumer price index copom disinflation election food prices fuel gas prices gasoline headline inflation headline rate inflation expectations inflation outlook inflation pressures interest rates March market expectations monetary policy oil pension policy rate hike raw materials transportation weather

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