Gas Rationing Hits Peru as Prices Spike Across Lima

2026-03-06 - 18:03

Key Points — A pipeline rupture at Peru’s Camisea gas fields on March 1 cut national gas supply to 9% of capacity, triggering a two-week state of emergency and nationwide rationing — BBVA Research expects monthly inflation to exceed 1% in March, up from 0.69% in February, as industries switch to costlier diesel and LPG