Macchu Picchu Peru

Peru Inflation July 2018

Peru: Inflation at nine-month high in July

Consumer prices in Metropolitan Lima increased 0.38% month-on-month in July, above June’s 0.33% rise. July’s increase was mainly the result of higher prices for transport and communication, as a result of the increase in the selective consumption tax approved in May; higher prices for food and beverages, and higher prices for residential electricity following the new tariff plan approved on 4 July.

Meanwhile, inflation increased to 1.6% in July (June: 1.4%), moving further away from March’s over seven-year low. In July, core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, below June’s 0.4% increase. Finally, core inflation rose to an eight-month high of 2.4% in July, marginally above June’s 2.3%.

Peru Inflation Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest