Peru’s central bank (BCRP) has raised concerns over a significant increase in domestic fuel prices that exceeds the rise in international oil costs. Investigations by RPP News reveal that wholesale fuel prices at Petroperú and Repsol have jumped as much as 103%, while international oil prices only increased by 60% during the same period. The BCRP attributes this disparity to an insufficient government response to mitigate price hikes. This substantial difference suggests that factors beyond global oil markets are contributing to the escalating costs for Peruvian consumers. The lack of effective state intervention is being criticized as a contributing factor to the situation. This price surge is likely to impact transportation costs and potentially broader economic inflation within Peru. Further investigation is needed to understand the full scope of the issue and potential solutions.