Peru’s annual inflation rate inched up to 8.81 percent in May of 2022, from a downwardly revised 8.09 percent in the previous month. It was the highest inflation rate since July of 1997, due to soaring prices of food and energy. On a monthly basis, consumer prices rose 1.19 percent, accelerating sharply from a 0.38 percent rise in the previous month. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru averaged 258.42 percent from 1970 until 2022, 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 July of 2022.

Inflation Rate in Peru is expected to be 6.47 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 2.00 percent in 2023, according to our econometric models.

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Peru Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-01 04:30 PM May 8.78% 7.96% 8.34%
2022-07-01 05:30 PM Jun 8.81% 8.09% 8.23%
2022-08-01 02:30 PM Jul 8.81%


Related Last Previous Unit Reference
Inflation Rate 8.81 8.09 percent Jun 2022
Consumer Price Index CPI 104.44 103.21 points Jun 2022
Core Inflation Rate 5.49 5.02 percent May 2022
Core Consumer Prices 143.79 143.01 points Dec 2021
Producer Prices 131.76 129.57 points May 2022
Inflation Rate Mom 1.19 0.38 percent Jun 2022
CPI Transportation 104.11 103.72 points Jun 2022
CPI Housing Utilities 101.98 101.30 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
8.81 8.09 12377.32 -1.11 1970 - 2022 percent Monthly
2001=100

News Stream
Peru Inflation Rate at 25-Year High
Peru’s annual inflation rate inched up to 8.81 percent in May of 2022, from a downwardly revised 8.09 percent in the previous month. It was the highest inflation rate since July of 1997, due to soaring prices of food and energy. On a monthly basis, consumer prices rose 1.19 percent, accelerating sharply from a 0.38 percent rise in the previous month.
2022-07-01
Peru Inflation Rate Highest Since 1997
The annual inflation rate in Peru accelerated to 8.78 percent in May of 2022, from 7.96 percent in the previous month. It was the highest inflation rate since July of 1997, due to rising food and energy prices, amid the Ukraine war. On a monthly basis, consumer prices were up 0.38 percent, easing from a 0.96 percent rise in the previous month.
2022-06-01
Peru Inflation Rate Highest since 1998
The annual inflation rate in Peru accelerated to 7.96 percent in April of 2022, from 6.82 percent in the previous month. It was the highest inflation rate since May of 1998, due to rising food and energy prices, amid the Ukraine war. On a monthly basis, consumer prices were up 0.96 percent, easing from a 1.48 percent rise in the previous month, which was the highest monthly reading in 26 years.
2022-05-02