On a monthly basis, consumer prices edged down 0.09 percent, after a 0.15 percent gain in the prior month. It was the first monthly decline since April 2018. Inflation Rate Mom in Peru averaged 4.21 percent from 1969 until 2019, reaching an all time high of 396.98 percent in August of 1990 and a record low of -2.86 percent in April of 1972.
Inflation Rate Mom in Peru is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Peru to stand at 0.30 in 12 months time. In the long-term, the Peru Inflation Rate MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.