The annual inflation rate in Peru’s capital, Lima, accelerated to 1.70% in January 2026 from 1.51% in December. It marked the highest inflation rate since December 2024 but remained within the central bank’s target range of 1% to 3%. The acceleration in inflation was mainly driven by faster increases in the prices of food and non-alcoholic beverages (2.13% vs 1.68% in December), the highest in 22 months, while transportation prices rose more sharply (1.81% vs 1.05%). Conversely, housing and utilities prices fell at a faster pace (-2.52% vs -2.34%). On a monthly basis, the CPI in Lima edged up 0.10% in January, easing from a 0.24% increase in December, which was the fastest pace in eight months. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru increased to 1.70 percent in January from 1.51 percent in December of 2025. Inflation Rate in Peru averaged 242.16 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 February of 2026.

Inflation Rate in Peru increased to 1.70 percent in January from 1.51 percent in December of 2025. 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. In the long-term, the Peru Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-01 02:00 PM
Inflation Rate YoY
Dec 1.51% 1.37% 1.4%
2026-02-01 11:30 PM
Inflation Rate YoY
Jan 1.70% 1.51% 1.6%
2026-03-02 09:00 AM
Inflation Rate YoY
Feb 1.70%


Related Last Previous Unit Reference
Consumer Price Index CPI 116.01 115.89 points Jan 2026
Core Consumer Prices 116.49 116.22 points Dec 2025
Core Inflation Rate 2.12 2.12 percent Dec 2025
CPI Housing Utilities 102.01 101.97 points Jan 2026
CPI Transportation 114.72 115.17 points Jan 2026
Inflation Rate YoY 1.70 1.51 percent Jan 2026
Inflation Rate MoM 0.10 0.24 percent Jan 2026
Producer Prices 125.99 126.09 points Dec 2025


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
1.70 1.51 12377.32 -1.11 1970 - 2026 percent Monthly
2001=100

News Stream
Peru Inflation Rate at 13-Month High of 1.7%
The annual inflation rate in Peru’s capital, Lima, accelerated to 1.70% in January 2026 from 1.51% in December. It marked the highest inflation rate since December 2024 but remained within the central bank’s target range of 1% to 3%. The acceleration in inflation was mainly driven by faster increases in the prices of food and non-alcoholic beverages (2.13% vs 1.68% in December), the highest in 22 months, while transportation prices rose more sharply (1.81% vs 1.05%). Conversely, housing and utilities prices fell at a faster pace (-2.52% vs -2.34%). On a monthly basis, the CPI in Lima edged up 0.10% in January, easing from a 0.24% increase in December, which was the fastest pace in eight months.
2026-02-01
Peru Inflation Rate at 5-Month High of 1.51%
The annual inflation rate in Peru’s capital, Lima, accelerated to 1.51% in December 2025, up from 1.37% in the previous month. It marked the highest inflation rate since July and remained within the central bank's target range of 1% to 3%. The acceleration in inflation was mainly driven by faster increases in the prices of food and non-alcoholic beverages (1.68% vs 0.41% in November), the highest in five months, while transportation prices rose more sharply (1.05% vs 0.18%). By contrast, housing and utilities prices fell at a faster rate (-2.34% vs -0.37%). On a monthly basis, the CPI in Lima rose 0.24% in December, after a 0.11% increase in November, marking the fastest pace in eight months.
2026-01-01
Peru Inflation Rate Drops in November
The annual inflation rate in Peru’s capital, Lima, was almost unchanged in November 2025 at 1.37%, compared to 1.35% in the previous month, remaining near the lower end of the central bank's target range of 1% to 3%. A modest rise in prices for recreation and culture (0.05%) was offset by faster increases in food and non-alcoholic beverages (0.41%) and transportation (0.18%). Meanwhile, housing and utilities prices fell (-0.37%). On a monthly basis, the CPI in Lima edged up 0.11% in November, after edging up 0.01% in the previous month.
2025-12-01