Peru Inflation


Inflation remains steady in May

In May, consumer prices were virtually flat over the previous month (+0.04% month-on-month), which was below both the 0.53% increased recorded in April and market expectations that had consumer prices adding 0.13%. The subdued reading reflected lower prices for food, fuel and electricity. As a result of the monthly reading, annual headline inflation remained unchanged at April's 4.1%, the lowest level since September 2011. That said, inflation remains above the upper tolerance margin of the Central Bank

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Peru Inflation Chart

Peru Inflation May 2012

Note: Month-on-month and year-on-year changes of consumer price index in %.
Source: Peru National Statistical Institute (INEI) and FocusEconomics calculations.

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