The annual inflation rate in Peru edged higher to 1.90 percent in December 2019 from 1.87 percent in the previous month. This was the highest inflation rate since August. On a monthly basis, consumer prices went up 0.21 percent, accelerating from a 0.18 percent in the prior month, the highest since March. The central bank forecast headline inflation between 1 to 3 percent for 2019. Inflation Rate in Peru averaged 272.50 percent from 1970 until 2019, 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. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru is expected to be 2.20 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 2.40 percent in 2020, according to our econometric models.

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Peru Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.87 12377.32 -1.11 1970 - 2019 percent Monthly
2001=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-01 02:00 PM Sep 1.85% 2.04% 2%
2019-11-01 05:00 AM Oct 1.88% 1.85% 2%
2019-12-02 02:15 AM Nov 1.87% 1.88% 2%
2020-01-02 02:45 AM Dec 1.90% 1.87% 1.9%
2020-02-03 05:00 AM Jan 1.90% 2%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-02
Peru Inflation Rate Edges Down to 1.87%
The annual inflation rate in Peru inched lower to 1.87 percent in November 2019 from 1.88 percent in the previous month. On a monthly basis, consumer prices went up 0.11 percent, the same pace as in the prior month.

2019-11-01
Peru Inflation Rate Edges Up to 1.88% in October
The annual inflation rate in Peru inched higher to 1.88 percent in October 2019 from 1.85 percent in the previous month. On a monthly basis, consumer prices went up 0.11 percent, accelerating from a 0.01 percent gain in the prior month.

2019-10-01
Peru September Inflation Rate Eases to 11-Month Low
The annual inflation rate in Peru fell to 1.85 percent in September 2019 from 2.04 percent in the previous month. It was the lowest inflation rate since October last year, as prices slowed for food & beverages (1.43 percent from 1.78 percent in August); transportation & communication (0.85 percent from 1.18 percent); miscellaneous goods & services (2.03 percent from 2.10 percent); furnishings (1.04 percent from 1.13 percent); and clothing & footwear (0.44 percent from 0.59 percent). On the other hand, cost rose further for housing & utilities (2.14 percent from 2.05 percent); recreation & culture (4.4 percent from 4.36); and health (1.65 percent from 1.59 percent). On a monthly basis, consumer prices went up 0.01 percent, easing from a 0.06 percent gain in the prior month.

2019-09-02
Peru Inflation Rate at 6-Month Low of 2.04%
The annual inflation rate in Peru fell to 2.04 percent in August 2019 from 2.11 percent in the previous month. This was the lowest inflation rate since February. On a monthly basis, consumer prices went up 0.06 percent, after increasing 0.2 percent in the prior month, mainly due to prices of transport and education.

2019-07-02
Peru June Inflation Rate at 3-Month Low of 2.29%
The annual inflation rate in Peru fell to 2.29 percent in June 2019 from 2.73 percent in the previous month. Prices eased for food & beverages (2.06 percent compared to 2.74 percent in May); transportation & communication (1.58 percent compared to 2.48 percent); miscellaneous goods & services (2.07 percent compared to 2.12 percent); furnishings (1.34 percent compared to 1.71 percent); clothing & footwear (0.67 percent compared to 0.80 percent), and recreation & culture (4.14 percent compared to 4.17 percent). Meanwhile, cost advanced further for both housing & utilities (3.16 percent compared to 3.13 percent) and health (1.55 percent compared to 1.54 percent). On a monthly basis, consumer prices edged down 0.09 percent, after a 0.15 percent gain in the prior month, the first monthly decline since April last year.

2019-04-01
Peru Annual Inflation Rate at 1-1/2-Year High in March
The annual inflation rate in Peru rose to 2.25 percent in March 2019 from 2.0 percent in the previous month. It was the highest inflation rate since September 2017, as prices increased further for food & beverages (1.90 percent compared to 1.49 percent in February); transportation & communication (2.55 percent compared to 2.08 percent); recreation & culture (3.99 percent compared to 3.87 percent); miscellaneous goods & services (2.11 percent compared to 1.89 percent); furnishings (1.74 percent compared to 1.66 percent); clothing & footwear (0.81 percent compared to 0.76 percent); and health (1.48 percent compared to 1.45 percent). On a monthly basis, consumer prices went up 0.73 percent, after a 0.13 percent gain in the prior month.


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.

Peru Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 1.87 12377.32 -1.11 percent [+]
Consumer Price Index CPI 132.70 132.42 132.70 0.00 points [+]
Core Consumer Prices 136.06 135.98 136.06 8.45 points [+]
Core Inflation Rate 2.16 2.23 157.16 0.60 percent [+]
Producer Prices 108.74 108.79 109.01 0.00 points [+]
Export Prices 114.52 113.93 150.48 32.53 points [+]
Import Prices 121.71 120.54 130.25 55.22 points [+]
Inflation Rate Mom 0.21 0.11 396.98 -2.86 percent [+]
Food Inflation 1.00 0.92 10.72 -2.57 percent [+]
CPI Housing Utilities 132.84 132.77 135.55 100.35 points [+]
CPI Transportation 120.18 118.77 120.18 99.31 points [+]