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.

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Peru Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-09-01 03:15 PM Aug 4.95% 3.81% 3.9%
2021-10-01 03:30 PM Sep 5.23% 4.95% 5%
2021-11-02 02:00 AM Oct 5.23%


News Stream
Peru Inflation Rate at 12-1/2 Year High
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.
2021-10-01
Peru Inflation Rate at Over 12-Year High
The annual inflation rate in Peru accelerated for a fourth straight month to 4.95 percent in August of 2021, from 3.81 percent in July. It is the highest rate since February of 2009, largely driven by a tumbling currency amid significant political turmoil since Pedro Castillo’s presidential election victory. On a monthly basis, consumer prices went up 0.98 percent, following a 1.01 percent rise in July, mainly influenced by an increase in housing and utilities (2.53 percent), namely natural gas (6.4 percent), propane (5.4 percent), electricity (3.2 percent) and water (2 percent). Further increases were seen in food and beverages (1.38 percent) attributed to fish (9.1 percent) and cooking oil (8.3 percent), along with transport and communication (0.81 percent), attributed to national airfare (9.8 percent) and fuels (2.7 percent).
2021-09-01
Peru July Inflation Rate Highest since 2017
The annual inflation rate in Peru rose for the third straight month to 3.81 percent in July, its highest level since March of 2017. The uptick in inflation comes after a month of political uncertainty following a tight election, which has put pressure on the local currency. On a monthly basis, consumer prices rose 1.01 percent in July, the fastest increase in 52 months, mainly on account of prices of housing & utilities (2.37 percent); food & beverages (1.51 percent) and transport & communication (0.92 percent).
2021-08-02

Peru Last Unit Reference Previous Highest Lowest
Inflation Rate 5.23 percent Sep/21 4.95 12377.32 -1.11
Consumer Price Index CPI 141.56 points Sep/21 141.00 141.56 0.00
Core Inflation Rate 2.92 percent Sep/21 2.58 157.16 0.60
Core Consumer Prices 141.93 points Sep/21 141.37 141.93 8.45
Producer Prices 123.39 points Sep/21 121.97 123.39 0.00
Inflation Rate Mom 0.40 percent Sep/21 0.98 396.98 -2.86
CPI Transportation 132.45 points Sep/21 131.87 132.45 99.31
CPI Housing Utilities 149.36 points Sep/21 149.93 149.93 100.35


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.