The annual inflation rate in Peru rose to 6.4 percent in December of 2021 from 5.8 percent in the previous month. It was the highest inflation rate since January 2009, due to faster rises in prices of food and non-alcoholic beverages (8.0 percent vs 6.7 percent in November), transportation (7.8 percent vs 7 percent), housing and utilities (13.3 percent vs 12.3 percent), and furniture and household maintenance (3.0 percent vs 2.5 percent), amid the depreciation of the local currency against the U.S. dollar On a monthly basis, consumer prices rose by 0.8 percent, accelerating from a 0.4 percent gain in November. For 2022, the central bank expects Peru's inflation to slow down to 2.9 percent. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru averaged 261.24 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 January of 2022.

Inflation Rate in Peru is expected to be 5.80 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 3.00 percent in 2023, according to our econometric models.

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Peru Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-12-01 03:00 PM Nov 5.66% 5.83% 5.68%
2022-01-03 05:00 AM Dec 6.43% 5.66% 5.82%
2022-02-01 03:00 PM Jan 6.43%


Related Last Previous Unit Reference
Inflation Rate 6.43 5.66 percent Dec/21
Consumer Price Index CPI 144.02 142.90 points Dec/21
Core Inflation Rate 3.83 3.39 percent Dec/21
Core Consumer Prices 143.79 143.01 points Dec/21
Producer Prices 125.43 124.98 points Dec/21
Inflation Rate Mom 0.78 0.36 percent Dec/21
CPI Transportation 133.72 134.62 points Dec/21
CPI Housing Utilities 155.62 155.03 points Dec/21

News Stream
Peru Inflation Rate at 13-Year High of 6.4%
The annual inflation rate in Peru rose to 6.4 percent in December of 2021 from 5.8 percent in the previous month. It was the highest inflation rate since January 2009, due to faster rises in prices of food and non-alcoholic beverages (8.0 percent vs 6.7 percent in November), transportation (7.8 percent vs 7 percent), housing and utilities (13.3 percent vs 12.3 percent), and furniture and household maintenance (3.0 percent vs 2.5 percent), amid the depreciation of the local currency against the U.S. dollar On a monthly basis, consumer prices rose by 0.8 percent, accelerating from a 0.4 percent gain in November. For 2022, the central bank expects Peru's inflation to slow down to 2.9 percent.
2022-01-03
Peru Inflation Rate Eases from 12-Year High
The annual inflation rate in the Lima Metropolitan Area was at 5.7 percent in November of 2021, slightly easing from 5.8 percent in the previous month. It was the first decrease in consumer inflation since April, as prices eased for food and non-alcoholic beverages (6.7 percent vs 7.5 percent in October) and healthcare (2.4 percent vs 2.5 percent). On the other hand, prices accelerated for housing and utilities (12.3 percent vs 11.4 percent), transportation (7 percent vs 6.9 percent), and furniture and household maintenance (2.5 percent vs 2.1 percent). On a monthly basis, consumer prices rose by 0.4 percent, easing from the 0.6 percent increase in the previous period.
2021-12-01
Peru’s Inflation Rate Continues to Rise, at Over 12-Year High
The annual inflation rate in the Lima Metropolitan Area accelerated for a sixth straight month to 5.8 percent in October of 2021 from 5.2 in the previous month. It is the highest reading since January of 2009, as the country’s political unrest and pandemic recovery efforts elevated consumer prices. Price increases continued at a higher pace for housing and utilities (11.4 percent vs 9.8 percent in September), food and beverages (7.5 percent vs 6.9 percent), transportation (6.9 percent vs 5.8 percent), and furniture (2.1 percent vs 1.8 percent). Meanwhile, the inflation rate remained unchanged for health care (2.5 percent) and culture and entertainment (2.7 percent). On a monthly basis, consumer prices rose by 0.58 percent, following a 0.4 percent increase in the previous period.
2021-11-01

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.