Peru's monthly inflation rate rose to 0.52% in November of 2022 from an eight-month low of 0.35% in the previous month and above market forecasts of 0.33%. Biggest upward pressure came from cost of housing and utilities (0.83%), namely residential electricity and natural gas, due to new tariffs. Other price increases were seen for food and non-alcoholic beverages (0.77%), namely fish, shellfish and meat; and restaurants and hotels (0.68%). So far this year, the CPI in Peru increased 7.6%. source: Instituto Nacional de Estadística e Informática (INEI)
Inflation Rate MoM in Peru averaged 3.96 percent from 1969 until 2022, reaching an all time high of 396.98 percent in August of 1990 and a record low of -2.86 percent in April of 1972. This page provides the latest reported value for - Peru Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Peru Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Inflation Rate MoM in Peru is expected to be 0.30 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 MoM is projected to trend around 0.20 percent in 2023, according to our econometric models.