Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation stable in December

Consumer prices in Metropolitan Lima rose 0.21% over the previous month in December, up from November’s 0.11% increase. December’s rise was chiefly the result of higher prices for food and beverages and for transports and communications, largely influenced by seasonal factors.

Meanwhile, inflation was unchanged at November’s 1.9% in December, thus remaining below the midpoint of Central Bank's target range of 2.0% plus or minus 1.0 percentage points. In December, core consumer prices, which exclude energy and food prices, increased 0.1% from the previous month, matching November’s uptick. Finally, core inflation in December came in at 2.2%, marginally down from November’s 2.3%.

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

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

ValueChangeDate
Bond Yield0.0-0.60 %Nov 08
Exchange Rate3.31-0.06 %Jan 01

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