UPDATE 1-Peru's central bank holds key rate at 4 percent
(Adds context, details, quote)
LIMA, April 10 (Reuters) - Peru's central bank kept its benchmark interest rate unchanged at 4 percent for the fifth month in a row on Thursday, citing expectations of dynamic economic growth and cooler inflation in coming months.
All 15 foreign and local economists polled by Reuters this week forecast the bank would again keep the rate unchanged.
The central bank reiterated on Thursday, as it has in previous months, that economic growth has been weaker than its potential but that it would perk up soon.
However, it said economic growth in the first half of 2014 will likely be slower than previously forecast.
"Indicators of productive activity and expectation surveys indicate dynamic economic activity in the first half of this year, although at a rate slower than expected," the bank said in a statement.
The monetary authority said still-high inflation in March will continue to cool as supply factors subside.
The annual inflation rate slowed to 3.38 percent in March - above the upper limit of the central bank's 1 to 3 percent target range.
The central bank said last week that it expects inflation of around 2.4 or 2.5 percent in all of 2014, instead of its earlier estimate of 2 percent. Continuación...