Peru's annual inflation rate declined to 1.97 percent in December 2020 from 2.14 percent in the previous month. Food inflation eased to 2.24 percent in December from a 38-month high of 2.81 percent in November. Also, prices rose softer for transport & communications (0.80 percent vs 0.89 percent in November). Meanwhile, prices continued to increase for both housing & utilities (3.67 percent vs 3 percent) and furnishings (0.48 percent vs 0.41 percent). On a monthly basis, consumer prices were up 0.05 percent, slowing from a 0.52 percent growth in the prior month. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru averaged 265.87 percent from 1970 until 2020, 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 January of 2021.

Inflation Rate in Peru is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Peru to stand at 2.40 in 12 months time. In the long-term, the Peru Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Peru Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.97 2.14 12377.32 -1.11 1970 - 2020 percent Monthly
2001=100


Calendar GMT Actual Previous Consensus TEForecast
2020-10-01 03:30 PM Sep 1.82% 1.69% 1.6%
2020-11-02 02:00 AM Oct 1.72% 1.82% 2%
2020-12-02 01:00 AM Nov 2.14% 1.72% 1.6%
2021-01-03 10:45 PM Dec 1.97% 2.14% 2.2%
2021-02-01 03:00 PM Jan 1.97%
2021-03-01 05:45 AM Feb
2021-04-01 05:25 AM Mar
2021-04-30 05:00 AM Apr


News Stream
Peru Inflation Rate Eases to 1.97% in December
Peru's annual inflation rate declined to 1.97 percent in December 2020 from 2.14 percent in the previous month. Food inflation eased to 2.24 percent in December from a 38-month high of 2.81 percent in November. Also, prices rose softer for transport & communications (0.80 percent vs 0.89 percent in November). Meanwhile, prices continued to increase for both housing & utilities (3.67 percent vs 3 percent) and furnishings (0.48 percent vs 0.41 percent). On a monthly basis, consumer prices were up 0.05 percent, slowing from a 0.52 percent growth in the prior month.
2021-01-04
Peru Inflation Rate at 17-Month High of 2.14%
Peru's annual inflation rate increased to 2.14 percent in November 2020, the highest since June last year, from 1.72 percent in the previous month. Food inflation accelerated to a 38-month high of 2.81 percent in October from 1.93 percent in September. Also, prices rose faster for transport & communications (0.89 percent vs 0.79 percent in October); housing & utilities (3 percent vs 2.55 percent); and furnishings (0.41 percent vs 0.34 percent). On a monthly basis, consumer prices were up 0.52 percent, the most since March, accelerating from a 0.02 percent rise in the prior month.
2020-12-02
Peru Inflation Rate Edges Down to 1.72% in October
Peru's annual inflation rate inched down to 1.72 percent in October 2020 from 1.82 percent in the previous month. Prices slowed for both transport & communications (0.79 percent vs 1.48 percent in September) and housing & utilities (2.55 percent vs 3.45 percent). Meantime, cost rose further for food & alcoholic beverages (1.93 percent vs 1.78 percent); furnishings (0.34 percent vs 0.13 percent); and clothing & footwear (0.07 percent vs 0.04 percent). On a monthly basis, consumer prices went up 0.02 percent, easing from a 0.14 percent rise in the prior month.
2020-11-02
Peru Annual Inflation Rate Rises to 1.8% in September
Peru's annual inflation rate rose to 1.82 percent in September 2020 from 1.69 percent in the previous month. Prices advanced further for food & alcoholic beverages (1.78 percent vs 1.74 percent in August); transport & communications (1.48 percent vs 0.91 percent); housing & utilities (3.45 percent vs 3.06 percent); furnishings (0.13 percent vs 0.07 percent); and clothing & footwear (0.04 percent vs 0.03 percent). On a monthly basis, consumer prices went up 0.14 percent, rebounding from a 0.11 percent fall in the prior month and above market expectations of a 0.05 percent drop.
2020-10-01

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.