Peru’s Central Reserve Bank left its benchmark rate unchanged at 4.25% in January 2026, holding steady for the third straight meeting, in line with expectations. The bank highlighted that December headline inflation rose to 1.5% (from 1.4% in November) with monthly inflation at 0.24%, while core inflation without food and energy remained at 1.8%; twelve-month inflation expectations fell to 2.1% in December, comfortably within the target range. Policymakers also cited solid readings in current-conditions and expectations indicators, alongside a global backdrop of moderate growth. The BCRP reiterated that it will continue to monitor inflation dynamics, expectations, and economic activity, and stands ready to adjust policy as needed. source: Central Reserve Bank of Peru

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru averaged 3.80 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 February of 2026.

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru is expected to be 4.00 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 3.50 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-13 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2025-12-11 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-01-08 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-02-12 11:00 PM Interest Rate Decision 4.25% 4.25%
2026-03-12 11:00 PM Interest Rate Decision
2026-04-09 11:00 PM Interest Rate Decision


Related Last Previous Unit Reference
Foreign Exchange Reserves 95072.00 90214.00 USD Million Jan 2026
Interest Rate 4.25 4.25 percent Jan 2026
Loans to Private Sector 254107.01 251956.18 PEN Million Dec 2025
Money Supply M0 93200.00 91524.00 PEN Million Nov 2025
Money Supply M1 112475.13 105004.17 PEN Million Dec 2025
Money Supply M2 161256.83 148231.18 PEN Million Dec 2025


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 Interest Rate at 4.25%
Peru’s Central Reserve Bank left its benchmark rate unchanged at 4.25% in January 2026, holding steady for the third straight meeting, in line with expectations. The bank highlighted that December headline inflation rose to 1.5% (from 1.4% in November) with monthly inflation at 0.24%, while core inflation without food and energy remained at 1.8%; twelve-month inflation expectations fell to 2.1% in December, comfortably within the target range. Policymakers also cited solid readings in current-conditions and expectations indicators, alongside a global backdrop of moderate growth. The BCRP reiterated that it will continue to monitor inflation dynamics, expectations, and economic activity, and stands ready to adjust policy as needed.
2026-01-08
Peru Keeps Policy Rate at 4.25% for 3rd Meeting
Peru’s Central Reserve Bank left its benchmark rate unchanged at 4.25% in December 2025, holding steady for the third straight meeting, inline with expectations. The bank highlighted that November headline inflation held at 1.4% and core inflation at 1.8%, while 12-month inflation expectations stayed at 2.2%, comfortably within the target range. Policymakers also cited solid readings in current-conditions and expectations indicators, alongside a global backdrop of moderate growth amid easing trade tensions. The BCRP reiterated that it will continue to monitor inflation dynamics, expectations, and economic activity, and stands ready to adjust policy as needed.
2025-12-11
Peru Holds Interest Rate at 4.25%
Peru’s Central Reserve Bank kept its benchmark rate at 4.25% in November 2025, matching expectations. Policymakers highlighted that annual inflation held at 1.4% in October, while core inflation stayed at 1.8%, aligned with the midpoint target band. Twelve month inflation expectations remained at 2.2%, comfortably inside the target range, and core inflation is projected to hover near 2% through the outlook period. Most economic indicators stayed firm, with activity close to potential, though global growth continues to face downside risks from trade restrictions. The BCRP said it will keep tracking inflation dynamics, expectations, and economic activity, adjusting policy when needed.
2025-11-13