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. source: Instituto Nacional de Estadística e Informática (INEI)
Inflation Rate in Peru averaged 258.81 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 June of 2022.
Inflation Rate in Peru is expected to be 8.23 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.