Peru Inflation Seen Gradually Declining Now

        14:36 EDT - BBVA Continental sees Peru's inflation rate moving down to within the central bank's 1-3% target range in 3Q. Peru's benchmark consumer-price index rose 0.39% on-month in April, putting the year-over-year increase at 3.52%. The monthly gain was linked mainly to seasonal and supply factors that largely affected the price of some foods, transportation costs and electricity tariffs, says BBVA Continental. (robert.kozak@wsj.com)
        (END) Dow Jones Newswires

        May 02, 2014 14:36 ET (18:36 GMT)