Peru Inflation November 2022

Peru

Peru: Inflation picks up in November

December 5, 2022

Inflation came in at 8.4% in November, up from October’s 8.3%. The most pronounced increases were recorded for prices of housing and utilities, associated to new tariffs for residential electricity and natural gas. Annual average inflation rose to 7.7% in November (October: 7.5%).

Consumer prices increased 0.52% over the previous month in November, accelerating from the 0.35% increase seen in the month prior.

FocusEconomics panelists see inflation ending 2023 at 2.6%, which is unchanged from last month’s estimate, and 2024 at 2.2%.


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Peru Inflation November 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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