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.