Peru’s Central Reserve Bank kept its benchmark interest rate unchanged at 4.25% in July 2026 as widely expected, extending its pause for a tenth consecutive meeting. Annual inflation edged up to 4.0% in June from 3.9% in May, while core inflation rose to 4.5% from 4.4%, remaining above the 1–3% target range. However, monthly headline and core inflation readings were consistent with the target band, as June’s increase was driven mainly by higher fish prices. Meanwhile, 12-month inflation expectations eased to 2.8% from 2.9%, staying within the target range. The central bank expects both headline and core inflation to gradually return to around 2% as temporary supply shocks fade, though it warned that a stronger El Niño and renewed Middle East tensions could keep inflation elevated. Policymakers noted that economic activity remained robust, with business sentiment improving further, while global risks eased somewhat amid lower oil prices, although geopolitical uncertainty persists. source: Central Reserve Bank of Peru

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru averaged 3.81 percent from 2000 until 2026, reaching an all time high of 8.90 percent in January of 2001 and a record low of 0.25 percent in April of 2020. This page provides - Peru Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Interest Rate is projected to trend around 4.00 percent in 2027 and 3.75 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-06-11 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-07-09 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-08-13 11:00 PM Interest Rate Decision 4.25% 4.25%
2026-09-10 11:00 PM Interest Rate Decision
2026-10-07 11:00 PM Interest Rate Decision


Related Last Previous Unit Reference
Foreign Exchange Reserves 96490.00 98436.00 USD Million Jun 2026
Interest Rate 4.25 4.25 percent Jul 2026
Loans to Private Sector 265052.22 260048.27 PEN Million May 2026
Money Supply M0 99732.00 98619.00 PEN Million May 2026
Money Supply M1 116918.13 113668.53 PEN Million Jun 2026
Money Supply M2 158929.34 160842.47 PEN Million May 2026


Peru Interest Rate
In Peru, the interest rates decisions are taken by the Board of Central Reserve Bank of Peru (Banco Central de Reserva del Perú BCRP). The official interest rate is the reference interest rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 8.90 0.25 2000 - 2026 percent Daily

News Stream
Peru Holds Rates Steady for 10th Straight Meeting
Peru’s Central Reserve Bank kept its benchmark interest rate unchanged at 4.25% in July 2026 as widely expected, extending its pause for a tenth consecutive meeting. Annual inflation edged up to 4.0% in June from 3.9% in May, while core inflation rose to 4.5% from 4.4%, remaining above the 1–3% target range. However, monthly headline and core inflation readings were consistent with the target band, as June’s increase was driven mainly by higher fish prices. Meanwhile, 12-month inflation expectations eased to 2.8% from 2.9%, staying within the target range. The central bank expects both headline and core inflation to gradually return to around 2% as temporary supply shocks fade, though it warned that a stronger El Niño and renewed Middle East tensions could keep inflation elevated. Policymakers noted that economic activity remained robust, with business sentiment improving further, while global risks eased somewhat amid lower oil prices, although geopolitical uncertainty persists.
2026-07-09
Peru Holds Rates Steady for 9th Straight Meeting
Peru’s Central Reserve Bank kept its benchmark interest rate unchanged at 4.25% in June 2026 as widely expected, extending its policy pause for a ninth consecutive meeting. Annual inflation eased to 3.9% in May from 4.0% in April, while core inflation held at 4.4%, remaining above the 1–3% target range. Meanwhile, 12-month inflation expectations edged up to 2.9% from 2.8% but stayed within the target band. The central bank expects both headline and core inflation to gradually return to target and converge toward 2% in 2027 as temporary supply-side shocks fade. Economic indicators continued to point to solid activity in May, with most business sentiment and expectations measures remaining in optimistic territory. However, policymakers noted elevated global risks stemming from Middle East tensions. The Board reiterated that it remains closely focused on inflation, expectations, economic activity, and supply shocks, and will adjust policy if needed to ensure inflation returns to target.
2026-06-11
Peru Holds Rates Steady for 8th Straight Meeting
Peru’s Central Reserve Bank kept its benchmark interest rate unchanged at 4.25% in May 2026, extending the pause for an eight consecutive meeting and matching market expectations. The annual inflation accelerated to 4% in April from 3.8% in March, while core inflation rose to 4.4% from 3.7%, remaining above the 1–3% target range. The increase was mainly driven by higher transport fares and fuel costs amid elevated global oil prices linked to Middle East tensions. Still, twelve-month inflation expectations rose only slightly to 2.8% from 2.5%, remaining within the target range. The central bank expects inflationary pressures to gradually ease, with inflation projected to return closer to 2% in 2027. Meanwhile, leading indicators continued to show solid economic activity, though business expectations weakened somewhat in April. The Board said it remains attentive to inflation, expectations, and economic activity, and will adjust policy if needed to ensure inflation returns to target.
2026-05-14