Inflation in Peru

Peru Inflation (eop) | Economic News & Forecasts

Peru - Inflation (end of period)

Inflation stable in December

Consumer prices in Metropolitan Lima increased 0.18% over the previous month in December, up from November’s 0.12% month-on-month rise. December’s increase was largely the result of higher prices for transport and communications, which were influenced by the seasonal effect of Christmas and New Year's Eve; rental housing, fuel and electricity—due to an increase in prices of residential fuels—and furniture, household goods and maintenance.

Meanwhile, inflation remained at November’s over one-year high of 2.2% in December. In the last month of 2018, core consumer prices, which exclude energy and food prices, increased 0.1% from the previous month, matching November’s rise. Finally, core inflation rose to an over one-year high of 2.6% in December, from November’s 2.5%.

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 (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)2.9  3.2  4.4  3.2  1.4  

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Peru Inflation (eop) 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 Rate3.34-0.06 %Jan 14
Stock Market19,669-0.23 %Jan 14

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