Common Product Prices
As a result of a good economic management, Peru still remains as one of the Latin American countries with the lowest inflation rate
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As a result of a good economic management, Peru still remains as one of the Latin American countries with the lowest inflation rate. Its free-floating exchange rate, determined by market forces, is among the most stable ones in Latin America. This stability is directly reflected in the consumer prices.
To give you some sort of idea what product prices in Peru are like, we have put together a list of common consumer products. The listed prices are by no means fixed and might vary according to manufacturer, market and the 'small-store' (called 'Bodega') around the corner or supermarket in which you go shopping. In particular the prices of fruits and vegetables depend on the season or your negotiating talent when buying in a market. The given prices are based on an average (low-high) in Lima and will be at least a good general guideline (monthly updates!).
In comparison to Europe and North America the over-all prices are very reasonable. Merely with some imported goods you'll notice a higher price. In supermarkets, many fruit- and vegetables markets and in most shops the goods are priced (fixed prices) - so no bargaining possible / necessary. Also a bus (called 'Micro') journey in and around Lima has a fixed price depending on the distance you travel. However, it is an absolute must to negotiate prices for a taxi fare in advance and reconfirm the price at least twice to avoid unwanted surprises when reaching your destination.
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