Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation inches down in July

Consumer prices increased 0.94% over the previous month in July, slowing from the 1.19% increase seen in June. Looking at the details of the release, prices for transport and food and beverages increased the most.

Inflation came in at 8.7% in July, down from June’s 8.8%, which had marked the highest inflation rate since July 1997. Annual average inflation rose to 6.7% in July (June: 6.3%). Lastly, core inflation rose to 6.2% in July, from the previous month's 5.8%.

FocusEconomics panelists see inflation ending 2022 at 5.8%, which is up 0.6 percentage points from last month’s estimate, and 2023 at 3.3%.

Peru - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)3.6  3.6  2.8  1.3  2.1  

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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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