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The main reason for the increase in prices for chicken meat is bird flu, according to the Central Reserve Bank.BCR).
“Avian flu is affecting many countries in the region, it has affected the number of breeding hens, caused an increase in the price of chicken and eggs,” said BCR President Julio Velarde.
Despite the impact, Velarde points out that price It will be regular from May to June.
“In the case of chicken, the price is likely to normalize in May. They have risen because of the global factor, when they recover, the price will normalize. It will probably return to normal in June, but it will return to normal. This is a one time shock. it reverses, it does not affect our inflation expectations,” he said.
It should be noted that at present, according to the Ministry of Agrarian Development and Land Reclamation, chicken price exceeds S/12 per kilogram in retail markets.
How is inflation going?
At present, inflation, including food and energy prices, total inflation is 8.65% until February.
“Inflation without energy and food is 5.87%, lower than other countries. (Only) In food and energy, which affects the most poorthis is above 12.05%,” Velarde said.
This year, BCR expects inflation to reach 3% as temporary supply shocks are eliminated, inflation expectations are gradually easing and economic activity is close to its potential.
Velarde notes that although it is clear that inflation It is slowly declining worldwide, but the downward trend is still expected to continue.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.