Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation reaches fresh multi-year low in February

Consumer prices in Metropolitan Lima increased 0.25% in February on a monthly basis, above January’s 0.13% rise. February’s increase was mainly the result of higher prices for rental housing, fuels and electricity and education and culture. On the other hand, lower prices were recorded for fruit. The increase in the prices for housing, fuel and electricity was again due to an increase in tariffs for residential electricity.

Meanwhile, inflation continued to moderate. It dropped to 1.2% in February from 1.3% in January, the lowest since May 2010. In February core consumer prices, which exclude energy and food, increased 0.1% from the previous month, down from January’s 0.2% rise. Finally, core inflation inched down to 2.2% from January’s 2.3%.

Peru Inflation Forecast

The Central Bank expects inflation to end 2018 at 2.0%. Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2018 at 2.8%, which is up 0.1 percentage points from last month’s projection. For 2019, the panel expects inflation of 2.7%.

Peru - Inflation Data

2012  2013  2014  2015  2016  
Inflation Rate (CPI, annual variation in %)3.7  2.8  3.3  3.6  3.6  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


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 Yield4.49-0.60 %Mar 22
Exchange Rate3.24-0.06 %Mar 22
Stock Market20,557-0.23 %Mar 22

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News