Bolivia

Bolivia’s annual inflation rate declined to 2.73% in June from 2.9% in May. Monthly, consumer prices rose by 0.22%, compared to May’s 0.57% rise. In other news, Bolivia’s central bank continues with its updates on boosting reserves with gold, with the bank stating that it will buy at least five tons in H2 2023 to boost FX reserves by USD 300 mln and potentially buying ten tons by year-end to increase reserves by USD 600 mln.