Peru's annual inflation rate eased to 2.40 percent in February of 2021 from 2.68 percent in the previous month. Prices slowed mainly for food & non-alcoholic beverages (2.71 percent vs 3.65 percent in January); recreation, culture and education (1.54 percent vs 1.86 percent) and miscellaneous goods & services (1.07 percent vs 1.49 percent). On a monthly basis, consumer prices were down 0.13 percent, after rising 0.74 percent in the previous month. source: Instituto Nacional de Estadística e Informática (INEI)
Inflation Rate in Peru averaged 265.01 percent from 1970 until 2021, 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 March of 2021.
Inflation Rate in Peru is expected to be 2.00 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 2.40 in 12 months time. In the long-term, the Peru Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.