LA PAZ, May 8 (Reuters) - Bolivia’s consumer price index fell 0.14 percent in April mainly on declines in prices for food and non-alcoholic beverages, the government said on Tuesday.
The 12-month inflation rate rose to 3.01 percent in April, up from 2.73 percent in March, according to Bolivia’s National Statistics Institute.
Economy Minister Mario Guillen said the annual inflation rate would likely end the year under the government’s official target of 4.5 percent, but did not offer a new estimate.
Consumer prices have only increased 0.35 percent since the start of the year, Guillen added at a public event.
Bolivia ended 2017 with 2.71 percent inflation. (Reporting By Daniel Ramos; editing by Diane Craft)