Peru ends 2023 with inflation rate of 3.24%

Peru’s inflation through 2023 closed at 3.24%, the lowest annual rate in three years, official data showed on Monday after consumer prices rose marginally in December, a small boost for the country in the throws of an economic recession.

The central bank had initially projected inflation in 2023 would end at 3.8%, before adjusting its forecast to 3.1% last month following a string of…