Peru: Inflation declines to lowest level since December 2020 in April
May 7, 2021
Consumer prices dropped 0.10% in April over the previous month, contrasting March's 0.84% rise. April’s figure was mainly driven by a fall in food and beverage prices.
Inflation ticked down to 2.4% in April, easing slightly from March’s 2.6%. April's figure marked the lowest inflation rate since December 2020. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 2.1% in April (March: 2.0%), while core inflation ticked up to 1.8% in April from the previous month's 1.7% increase.
Author: Stephen Vogado, Economist