Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation broadly stable in February

Consumer prices in Metropolitan Lima increased 0.13% over the previous month in February, slightly up from January’s 0.07% month-on-month rise. February’s increase was largely the result of higher prices for rental housing, fuel and electricity—due to an increase in prices of electricity tariffs and local fees—recreation, cultural and teaching services, and furnishings and household goods.

Meanwhile, inflation inched down to 2.0% from January’s 2.1%. In the second month of 2019, core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, up from January’s 0.1% rise. Finally, core inflation inched up to 2.6% from January’s 2.5%.


Peru Inflation Forecast


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

ValueChangeDate
Bond Yield5.43-0.60 %Oct 15
Exchange Rate3.31-0.06 %Mar 11
Stock Market20,661-0.23 %Mar 11

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