Peru's annual inflation rate declined to 2.38 percent in April 2021, the least since last December, from 2.60 percent in the previous month, as food and beverages inflation dropped to a 6-month low of 2 percent in April from 2.66 percent in March, while transport and communication inflation eased to 2.33 percent from 2.76 percent. Meanwhile, prices continued to increase for housing and utilities (7.02 percent vs 6.16 percent), health care (4.43 percent vs 4.28 percent), and recreation, culture and education (1.86 percent vs 1.81 percent). On a monthly basis, consumer prices edged down 0.10 percent in April. source: Instituto Nacional de Estadística e Informática (INEI)
Inflation Rate in Peru averaged 264.58 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 May of 2021.
Inflation Rate in Peru is expected to be 2.10 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 2.30 in 12 months time. In the long-term, the Peru Inflation Rate is projected to trend around 2.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.