Peru's annual inflation rate declined to 1.69 percent in August 2020 from 1.86 percent in the previous month, mainly due to a softer rise in food & alcoholic beverages prices (1.74 percent vs 2.31 percent in July). On a monthly basis, consumer prices went down 0.11 percent, after a 0.46 percent gain in July, and compared to market consensus of a 0.10 percent fall.

Inflation Rate in Peru averaged 267.60 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 September 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 and 2.50 percent in 2022, according to our econometric models.

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Peru Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.69 1.86 12377.32 -1.11 1970 - 2020 percent Monthly
2001=100


Calendar GMT Actual Previous Consensus TEForecast
2020-06-01 05:00 AM May 1.78% 1.72% 1.8%
2020-07-01 05:00 AM Jun 1.60% 1.78% 1.8%
2020-08-01 05:00 AM Jul 1.86% 1.60% 1.6%
2020-09-02 12:40 AM Aug 1.69% 1.86% 1.7%
2020-10-01 02:00 PM Sep 1.69% 1.8%
2020-11-02 05:00 AM Oct
2020-12-02 05:00 AM Nov


News Stream
Peru Inflation Rate Slows to 1.69% in August
Peru's annual inflation rate declined to 1.69 percent in August 2020 from 1.86 percent in the previous month, mainly due to a softer rise in food & alcoholic beverages prices (1.74 percent vs 2.31 percent in July). On a monthly basis, consumer prices went down 0.11 percent, after a 0.46 percent gain in July, and compared to market consensus of a 0.10 percent fall.
2020-09-02
Peru Inflation Rate at 5-Month High of 1.86%
Peru's annual inflation rate increased to 1.86 percent in July 2020 from 1.60 percent in the previous month. It was the highest inflation rate since February, mainly due to a faster rise in food prices. Food & alcoholic beverages inflation accelerated to a 14-month high of 2.31 percent in July from 1.60 percent in June. On a monthly basis, consumer prices went up 0.46 percent, the most since March, after a 0.27 percent gain in June.
2020-08-02
Peru Inflation Rate at Over 1-1/2-Year Low of 1.6%
Peru's annual inflation rate declined to 1.60 percent in June 2020 from 1.78 percent in the previous month. It was the lowest inflation rate since September 2018 and just below the midpoint of the central bank's target range of between 1 and 3 percent. Peru's annual inflation rate declined to 1.60 percent in June 2020 from 1.78 percent in the previous month. It was the lowest inflation rate since September 2018 and just below the midpoint of the central bank's target range of between 1 and 3 percent. On a monthly basis, consumer prices fell 0.27 percent, after a 0.20 percent gain in May.
2020-07-01
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
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.