Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation rises to over one-year high in November

Consumer prices in Metropolitan Lima increased 0.12% month-on-month in November, up from October’s 0.08% rise. November’s increase was largely the result of higher prices for food and beverages; rental housing, fuel and electricity—due to an increase in prices of residential fuels—and furniture, household goods and maintenance.

Meanwhile, inflation increased to an over one-year high of 2.2% in November from 1.8% in October. In November, core consumer prices, which exclude energy and food prices, increased 0.1% from the previous month, matching October’s rise. Finally, core inflation remained stable at an over one-year high of 2.5% in November, matching October’s print.

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

Bond Yield5.43-0.60 %Oct 15
Exchange Rate3.36-0.06 %Dec 12
Stock Market19,246-0.23 %Dec 12

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