Peru says February consumer prices fell 0.07 pct
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LIMA, March 1 (Reuters) - Peru consumer prices fell 0.07 percent in February compared with January as the economy gets hit by fallout from the world economic slowdown, the National Statistic Institute said on Sunday.
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LIMA, March 1 (Reuters) - Peru consumer prices fell 0.07 percent in February compared with January as the economy gets hit by fallout from the world economic slowdown, the National Statistic Institute said on Sunday.
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The South American country had not had a consumer price fall since November 2006, when prices slumped 0.28 percent, according to the central bank.
Analysts in a recent Reuters poll forecast February inflation at 0.16 percent.
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The South American country had not had a consumer price fall since November 2006, when prices slumped 0.28 percent, according to the central bank.
Analysts in a recent Reuters poll forecast February inflation at 0.16 percent.
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The country's key mining sector is suffering from a cut in demand brought on by the world economic situation. (Reporting by Teresa Cespedes, Editing by Maureen Bavdek)
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