Macchu Picchu Peru

Peru Inflation (CPI, ann. var. %, eop)

Inflation in Peru

Inflation declines in May

Inflation came in at 7.9% in May, which was down from April’s 8.0%. Softer increases in prices for restaurants and hotel and transportation were behind the deceleration. That said, the print remained above the Central Bank’s 1.0%-3.0% target range for the 24th consecutive month.

Annual average inflation dipped to 8.4% in May from 8.5% in April. Lastly, consumer prices increased 0.32% over the previous month in May, below the 0.56% increase logged in April.

Peru Inflation Chart

This chart displays Inflation (CPI, ann. var. %, eop) for Peru from 2013 to 2022.

Peru Inflation Data

2017 2018 2019 2020 2021
Inflation (CPI, ann. var. %, eop) 1.4 2.2 1.9 2.0 6.4

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