Peru's annual inflation rate quickened to 3.25 percent in June of 2021, from 2.45 percent in the previous month. It was the steepest increase in consumer prices since April of 2017, underpinned by prices of food and non-alcoholic beverages (3.7 percent), housing & utilities (6.9 percent), transport & communications (3.7 percent), and recreational, cultural & educational services (2.1 percent). On a monthly basis, consumer prices advanced 0.52 percent, following a 0.27 percent increase in April. source: Instituto Nacional de Estadística e Informática (INEI)

Inflation Rate in Peru averaged 263.31 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 July of 2021.

Inflation Rate in Peru is expected to be 3.40 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 2.00 in 12 months time. 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.

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Peru Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.25 2.45 12377.32 -1.11 1970 - 2021 percent Monthly
2001=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-01 03:30 PM Mar 2.6% 2.40% 2.3%
2021-05-01 09:00 PM Apr 2.38% 2.6% 2.7%
2021-06-01 03:30 PM May 2.45% 2.38%
2021-07-01 03:30 PM Jun 3.25% 2.45% 3.0%
2021-08-01 09:00 PM Jul 3.25% 2.8%
2021-09-02 12:40 AM Aug 3.2%
2021-10-01 03:30 PM Sep
2021-11-02 02:00 AM Oct


News Stream
Peru Inflation Rate at Over 4-Year High
Peru's annual inflation rate quickened to 3.25 percent in June of 2021, from 2.45 percent in the previous month. It was the steepest increase in consumer prices since April of 2017, underpinned by prices of food and non-alcoholic beverages (3.7 percent), housing & utilities (6.9 percent), transport & communications (3.7 percent), and recreational, cultural & educational services (2.1 percent). On a monthly basis, consumer prices advanced 0.52 percent, following a 0.27 percent increase in April.
2021-07-01
Peru Inflation Rate Rises in May
Peru's annual inflation rate rose to 2.45 percent in May of 2021 from 2.38 percent in the previous month, as prices advanced faster for food and non-alcoholic beverages (2.06 percent vs 2.00 percent in April), transport (2.76 percent vs 2.33 percent) and restaurants and hotels (1.95 percent vs 1.86 percent). On a monthly basis, consumer prices edged up 0.27 percent in May, following a 0.10 percent drop in the prior month.
2021-06-01
Peru Inflation Rate Slows to 4-Month Low of 2.38%
Peru's annual inflation rate declined to 2.38 percent in April 2021, the least since last December, from 2.60 percent in the previous month, as food and beverages inflation dropped to a 6-month low of 2 percent in April from 2.66 percent in March, while transport and communication inflation eased to 2.33 percent from 2.76 percent. Meanwhile, prices continued to increase for housing and utilities (7.02 percent vs 6.16 percent), health care (4.43 percent vs 4.28 percent), and recreation, culture and education (1.86 percent vs 1.81 percent). On a monthly basis, consumer prices edged down 0.10 percent in April.
2021-05-01
Peru Inflation Rate Rises in March
Peru's annual inflation rate rose to 2.60 percent in March 2021, from 2.40 percent in the previous month, with upward pressure coming from food and beverages (2.66 percent), recreation, culture and education (1.81 percent), transport and communication (2.76 percent), housing and utilities (6.16 percent), and health care (4.28 percent). On a monthly basis, consumer prices jumped 0.84 percent in March.
2021-04-01

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.