The annual inflation rate in Peru's capital, Lima, edged up to 4.07% in July 2026 from 4.01% in the previous month, reaching its highest level since October 2023. The increase was mainly driven by faster price growth for food (3.5% vs 3.3%), education (3.6% vs 3.4%), furnishings and household equipment (3.2% vs 3.0%), housing and utilities (1.3% vs 1.2%), recreation and culture (2.2% vs 2.0%), clothing and footwear (1.5% vs 1.4%), and health (1.3% vs 1.2%). Meanwhile, deflation for communication and information eased (-2.6% vs -4.6%), while inflation for restaurants and hotels remained unchanged at 4.2%. In contrast, transport inflation moderated slightly (14.3% vs 14.6%). On a monthly basis, consumer prices rose 0.29%, accelerating from a 0.23% increase in June. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru increased to 4.07 percent in July from 4.01 percent in June of 2026. Inflation Rate in Peru averaged 240.06 percent from 1970 until 2026, 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 August of 2026.

Inflation Rate in Peru increased to 4.07 percent in July from 4.01 percent in June of 2026. Inflation Rate in Peru is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-01 11:10 AM
Inflation Rate YoY
Jun 4.0% 3.9% 3.6%
2026-08-01 06:00 PM
Inflation Rate YoY
Jul 4.07% 4.0% 4.1%
2026-09-01 06:30 AM
Inflation Rate YoY
Aug 4.07% 4.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 120.64 120.29 points Jul 2026
Core Consumer Prices 118.73 118.52 points Jun 2026
Core Inflation Rate 2.52 2.54 percent Jun 2026
CPI Housing Utilities 105.37 105.27 points Jun 2026
CPI Transportation 127.62 128.22 points Jun 2026
Inflation Rate YoY 4.07 4.01 percent Jul 2026
Inflation Rate MoM 0.29 0.23 percent Jul 2026
Producer Prices 130.50 131.80 points Jun 2026


Peru Inflation Rate
In Peru, the most important categories in the CPI baskets are Food & Non-alcoholic Beverages (24% of the total weight); Restaurants & Hotels (16%); Transportation (12%). Housing, Water, Electricity & Other Fuels account for 10% and Education for 8%. Others include: Miscellaneous Goods & Services (7%), Furniture & Household Equipment & Conservation (5%), Clothing & Footwear (5%), Leisure & Culture (4%) and Alcoholic Beverages, Narcotics and Tobacco (2%). The index has a base of 100 as of 2021. The index tracks the metropolitan area of Lima.
Actual Previous Highest Lowest Dates Unit Frequency
4.07 4.01 12377.32 -1.11 1970 - 2026 percent Monthly
2001=100

News Stream
Peru Annual Inflation at 2023-Highs
The annual inflation rate in Peru's capital, Lima, edged up to 4.07% in July 2026 from 4.01% in the previous month, reaching its highest level since October 2023. The increase was mainly driven by faster price growth for food (3.5% vs 3.3%), education (3.6% vs 3.4%), furnishings and household equipment (3.2% vs 3.0%), housing and utilities (1.3% vs 1.2%), recreation and culture (2.2% vs 2.0%), clothing and footwear (1.5% vs 1.4%), and health (1.3% vs 1.2%). Meanwhile, deflation for communication and information eased (-2.6% vs -4.6%), while inflation for restaurants and hotels remained unchanged at 4.2%. In contrast, transport inflation moderated slightly (14.3% vs 14.6%). On a monthly basis, consumer prices rose 0.29%, accelerating from a 0.23% increase in June.
2026-08-03
Peru Inflation Accelerates Slightly to 4.0%
The annual inflation rate in Peru’s capital, Lima, accelerated slightly to 4.01% in June 2026 from 3.9% in the previous month. Still, it remained above the central bank's 1%-3% target range. Prices accelerated primarily for food & non-alcoholic beverages (3.32% vs 2.88% in May), furnishings & household equipment (3.00% vs 2.81%), restaurants & hotels (4.15% vs 3.98%), and housing & utilities (1.21% vs 1.04%), boosted by adjusted residential electricity rates. Meanwhile, inflation moderated for transportation (14.63% vs 15.10%) and recreation & culture (2.01% vs 2.07%), while prices declined for alcoholic beverages & tobacco (-0.45% vs 0.05%). On a monthly basis, the CPI rose 0.23%, rebounding from a 0.1% fall in May, due to higher prices for food, furnishings, and restaurants.
2026-07-02
Peru Inflation Rate Ticks Down to 3.9% in May
The annual inflation rate in Peru’s capital, Lima, eased to 3.9% in May 2026 from 4.01% in the prior month, which was the steepest since October 2023. Still, it remained above the central bank's 1%-3% target range for the third straight month. Prices slowed primarily for food & non-alcoholic beverages (2.88% vs 4.16% in April); alcoholic beverages & tobacco (0.05% vs 0.59%) and furnishings & household equipment (2.81% vs 2.96%). Conversely, prices advanced further for some CPI items, including transportation (15.10% vs 15.02%); restaurants & hotels (3.98% vs 3.54%) and recreation & culture (2.07% vs 1.79%). At the same time, housing & utilities prices rose by 1.04%, after decreasing by 0.22% previously, on the back of adjusted residential electricity rates. On a monthly basis, the CPI fell by 0.16%, the first decrease since October 2025, reversing a 0.52% rise in April, mainly due to lower prices in food (-1.69%) and transport (-0.19%).
2026-06-01