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Reuters
Reuters
Business
By Isabel Woodford and Marion Giraldo

Peru central bank: Early info shows protests affecting growth, inflation

FILE PHOTO: A demonstrator waves Awyayala's flag during a protest demanding for an indefinite nationwide strike during a march against the government of Peru's President Dina Boluarte, in Lima, Peru, February 9, 2023. REUTERS/Alessandro Cinque

Peru's economy and inflation have likely been hit by the ongoing social upheaval that has rocked the Andean nation since December, early indications suggest, the head of the central bank's economic studies unit, Adrian Armas, said on Friday.

Protests over the removal and arrest of former President Pedro Castillo in December have snarled Peru, with clashes between demonstrators and security forces leaving dozens dead. It is the worst violence in Peru in two decades and threatens to destabilize one of region's most reliable economies.

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