Peru Inflation August 2021

Peru

Peru: Inflation comes in at highest level since February 2009 in August

September 2, 2021

Consumer prices rose 0.98% over the previous month in August, a smaller increase than the 1.01% increase logged in July.

Inflation came in at 5.0% in August, up from July’s 3.8%. August's figure represented the highest inflation rate since February 2009. Annual average inflation rose to 2.7% in August (July: 2.4%). Lastly, core inflation rose to 2.6% in August, from the previous month's 2.3%.

FocusEconomics’ analysts forecast inflation to end 2021 at 2.6%, up 0.2 percentage points from last month’s forecast, and end 2022 at 2.4%.


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