Peru Inflation September 2020


Peru: Inflation rises in September

October 7, 2020

Consumer prices in Metropolitan Lima increased 0.14% in September over the previous month, contrasting August's 0.11% drop. September’s uptick was mainly caused by a rise in living and utility costs.

Inflation came in at 1.8% in September, up from August’s 1.7%. Meanwhile, the trend was unchanged for the third month running, with annual average inflation coming in at 1.8% in September, equaling the reading from July and August. Lastly, core inflation was unchanged coming in at August's 1.6% in September.

FocusEconomics’ analysts forecast inflation to end the year at 1.0%, unchanged from last month’s forecast. Next year, inflation is seen ending the year at 1.8%, which is down 0.2 percentage points from the prior month.

Author:, Economist

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Peru Inflation Chart

Peru Inflation September 20 20

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

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