environment, inflation fell significantly to 2¾ percent in 2004—the lowest inflation rate since the early 1970s. The return of …

exhibiting signs of overheating, with imbalances evident in inflation, the current account, and external debt. GDP grew at an …

path. The central bank has been successful in achieving its inflation target. The proposed target for net international …

This paper discusses key findings of the Third Review for Peru and Inflation Consultation Under the Stand …-By Arrangement. All performance criteria for end-December 2007 and end-March 2008 were observed, but inflation in March exceeded the … upper limit of the program’s consultation band around the official inflation target range. The end-March structural …

Economic growth has recovered, but higher food and fuel prices have sparked a sharp rise in inflation. Monetary policy … has been tightened to contain core inflation and effects of the food and fuel price shocks. The government has allowed for …

The rebound in inflation since mid-2007 is mostly owed to a jump in food prices in Paraguay. The price volatility of … fruits and vegetables explains the divergence between headline and core inflation indicators observed in 2007. Following a … decline that started in 2006, core inflation has risen in the second part of 2007. High export volume growth, coupled with a …