Inflation in Peru

Peru Inflation | Economic News & Forecasts

Peru - Inflation

Inflation moves up in March

Consumer prices in Metropolitan Lima jumped 0.73% over the previous month in March, accelerating notably from February’s 0.13% month-on-month rise and marking the fastest rise in two years. March’s upsurge was largely the result of higher prices for recreation, cultural and teaching services —due to an increase in prices for education— and food and beverages, owing to the rain season.

Meanwhile, inflation edged up to 2.2% from February’s 2.0%, well within the Central Bank's target range of 2.0% plus or minus 1.0 percentage points. In February—the latest month for which data is available—core consumer prices, which exclude energy and food prices, increased 0.2% from the previous month, up from January’s 0.1% rise. Finally, core inflation inched up to 2.6% in February from January’s 2.5%.

Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2019 at 2.3%, which is unchanged from last month’s projection. For 2020, the panel expects inflation of 2.4%.

Peru - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.8  3.3  3.6  3.6  2.8  

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Peru Inflation Chart


Peru Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Peru National Statistical Institute and Met the why particular calculations.

Peru Facts

ValueChangeDate
Bond Yield5.43-0.60 %Oct 15
Exchange Rate3.35-0.06 %Jan 30
Stock Market20,067-0.23 %Jan 30

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