Peru inflation up 0.45 pct in July, annual rate rises to 3.56 pct
LIMA, Aug 1 (Reuters) - Consumer prices in Peru rose 0.45 percent in July as the annual inflation rate edged up to 3.56 percent, above the central bank's target ceiling for the fourth month in a row, official data showed Saturday. The price index for metropolitan Lima, which Peru's central bank uses to guide monetary policy, rose 3.01 percent in the first seven months of 2015, said state statistics agency Inei. Rising electricity, water and transportation drove inflation in July, Inei said. The central bank has said it expects inflation to remain above the upper limit of its 1 percent to 3 percent tolerance range until late this year. July June Monthly rate +0.45 +0.33 12-month rate +3.56 +3.54 (Reporting by Teresa Cespedes in Lima; Writing by Sarah Marsh in Buenos Aires; Editing by Lisa Shumaker)
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