January 3, 2011 / 1:23 AM / 8 years ago

Peru's 2010 inflation rate ends at 2.08 percent

LIMA, Jan 2 (Reuters) - Inflation in Peru ended 2010 at 2.08 percent, within the central bank’s target range, the government said over the weekend as the Andean country’s economy surges.

Economists surveyed by Reuters had forecast inflation of about 2.23 percent for the year. The central bank’s annual target range is 1 percent to 3 percent.

Thanks in part to a relatively open economy and low tariffs, inflation has stayed mild even during an economic boom that is expected to have produced growth of 9 percent in 2010.

Inflation in December was 0.18 percent.

For 2011, the central bank has forecast inflation near 2 percent, while growth is widely seen at around 6 percent.

(Reporting by Marco Aquino, Writing by Terry Wade)

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