The annual inflation rate in the Lima Metropolitan Area accelerated for a fifth straight month to 5.23 percent in September of 2021 from 4.95 in the previous month. It is the highest reading since February of 2009, as the country’s political unrest and pandemic recovery efforts elevated consumer prices. Prices accelerated for food and beverages (6.9 percent vs 6.1 percent in August), transportation (5.8 percent vs 5.7 percent), culture and entertainment (2.7 percent vs 2.4 percent), and furniture (1.8 percent vs 1.6 percent). Meanwhile, inflation slowed for housing and utilities (9.8 percent vs 10.9 percent) and healthcare (2.5 percent vs 2.7 percent). On a monthly basis, consumer prices rose by 0.4 percent, slowing from the 1 percent monthly increase during August. source: Instituto Nacional de Estadística e Informática (INEI)
Inflation Rate in Peru averaged 262.06 percent from 1970 until 2021, 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 October of 2021.
Inflation Rate in Peru is expected to be 2.90 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 2.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.