Peru Inflation April 2022

Peru

Peru: Inflation jumps in April

May 6, 2022

Consumer prices rose 0.97% in April over the previous month, decelerating from March's 1.48% jump. April’s reading was the eleventh consecutive month of rising prices.

Inflation came in at 8.0% in April, which was up from March’s 6.8% and marked the highest reading since May 1998. Concurrently, annual average inflation rose to 5.4% in April (March: 4.9%), while core inflation rose to 4.6% in March, from February’s 4.2%.

FocusEconomics’ analysts forecast inflation to end 2022 at 3.5%, up 0.1 percentage points from last month’s forecast, and end 2023 at 2.6%.


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Peru Inflation Chart


Peru Inflation April 2022

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


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