Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation moderates in August

Consumer prices increased 0.67% over the previous month in August, slowing from the 0.94% increase seen in July. Looking at the details of the release, prices for food and non-alcoholic beverages, housing and utilities and restaurants and hotels contributed the most to the increase in prices.

Inflation came in at 8.4% in August, down from July’s 8.7%. Annual average inflation rose to 7.0% in August (July: 6.7%). Lastly, core inflation rose to 6.2% in July (the latest month for which data is available), from the previous month's 5.8%.

FocusEconomics panelists see inflation ending 2022 at 5.8%, which is up 0.6 percentage points from last month’s estimate, and 2023 at 3.3%.

Peru - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)3.6  3.6  2.8  1.3  2.1  

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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

Value Change Date
Bond Yield0.0-0.60 %Nov 08
Exchange Rate3.31-0.06 %Jan 01

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