Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation stable in February

Consumer prices in Metropolitan Lima rose 0.14% over the previous month in February, up from January’s 0.05% increase. February’s rise was chiefly the result of higher prices for food and beverages and for education and culture, which more than offset lower prices for housing, energy and transport and communications.

Meanwhile, inflation was unchanged at January’s 1.9% in January, thus remaining below the midpoint of Central Bank's target range of 2.0% plus or minus 1.0 percentage points. In February, core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, matching January’s uptick. Finally, core inflation in February came in at 2.2%, again matching the previous month’s reading.

Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2020 at 2.1%, which is unchanged from last month’s projection. For 2021, the panel expects inflation of 2.3%.

Peru - Inflation Data

2014   2015   2016   2017   2018  
Inflation Rate (CPI, annual variation in %)3.3  3.6  3.6  2.8  1.3  

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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

Value Change Date
Bond Yield0.0-0.60 %Nov 08
Exchange Rate3.31-0.06 %Jan 01

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