Peru's annual inflation rate edged higher to 1.78 percent in May 2020, from 1.72 percent in the previous month and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices rose 0.20 percent, after a 0.10 percent gain in April.

Inflation Rate in Peru averaged 268.92 percent from 1970 until 2020, reaching an all time high of 12377.32 percent in August of 1990 and a record low of -1.11 percent in February of 2002. This page provides - Peru Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Peru to stand at 2.10 in 12 months time. In the long-term, the Peru Inflation Rate is projected to trend around 2.40 percent in 2021, according to our econometric models.

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Peru Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.78 1.72 12377.32 -1.11 1970 - 2020 percent Monthly
2001=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-01 05:45 AM Feb 1.90% 1.89% 1.9%
2020-04-01 05:25 AM Mar 1.82% 1.90% 1.8%
2020-05-01 05:00 AM Apr 1.72% 1.82% 1.7%
2020-06-01 05:00 AM May 1.78% 1.72% 1.8%
2020-07-01 05:00 AM Jun 1.78% 1.8%
2020-08-03 05:00 AM Jul
2020-09-01 05:00 AM Aug
2020-10-01 02:00 PM Sep 1.8%


News Stream
Peru Inflation Rate Rises to 1.78% in May
Peru's annual inflation rate edged higher to 1.78 percent in May 2020, from 1.72 percent in the previous month and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices rose 0.20 percent, after a 0.10 percent gain in April.
2020-06-01
Peru Inflation Rate at Over 1-1/2 Year Low of 1.72%
Peru's annual inflation rate edged down to 1.72 percent in April 2020, the least since September 2018, from 1.82 percent in the previous month and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices rose 0.10 percent, the lowest level since January, after a 0.65 percent gain in March.
2020-05-01
Peru Inflation Rate Slows to 1-1/2 Year Low
Peru's annual inflation rate inched down to 1.82 percent in March 2020, the least since September 2018, from 1.90 percent in the previous month and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices rose 0.65 percent, after a 0.14 percent gain in February. This was the highest inflation rate since March 2019, mainly due to higher food prices and a seasonal hike in educational expenses in the first month of the new academic year.
2020-04-01
Peru Inflation Rate at 1.90% in February
Peru's annual inflation rate stood at 1.90 percent in February 2020, little-changed from 1.89 percent in the previous month and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices rose 0.14 percent, following a 0.05 percent gain in January.
2020-03-01

Peru Inflation Rate
In Peru, the most important categories in the CPI basket are Food and Non-Alcoholic Beverages (25.7 percent of the total weight); Transportation (12.6 percent) and Restaurants and Hotels (11.9 percent). Housing, Water, Electricity and Other Fuels account for 9.2 percent and Education for 9.1 percent. Others include: Miscellaneous Goods and Services (6.8 percent); Furniture and Household Equipment and Conservation (5.7 percent); Clothing and Footwear (5.5 percent); Leisure and Culture (5.4 percent); Communications (4.3 percent); Health Care (3.4 percent) and Alcoholic Beverages, Narcotics and Tobacco (1.2 percent). The CPI index has a base of 100 as of 2009. The index tracks the metropolitan area of Lima.