Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation inched down in August

Consumer prices ticked up 0.06% over the previous month in August, following July’s 0.20% month-on-month fall. August’s increase was largely the result of higher prices for transport, communication and recreation more than offsetting lower housing rental costs and diminished prices for fuels and electricity.

Meanwhile, inflation inched down to 2.0% from July’s 2.1%, hitting the midpoint of Central Bank's target range of 2.0% plus or minus 1.0 percentage points. In August, core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, up from July’s 0.1% uptick. Finally, core inflation in August came in at July’s 2.3%.

Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2019 at 2.3%, which is unchanged from last month’s projection. For 2020, the panel expects inflation of 2.4%.

Peru - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.8  3.3  3.6  3.6  2.8  

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Peru Inflation Chart

Peru Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Peru National Statistical Institute and FocusEconomics calculations.

Peru Facts

Bond Yield5.43-0.60 %Oct 15
Exchange Rate3.38-0.06 %Sep 04
Stock Market19,242-0.23 %Sep 04

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