Inflation in Peru
Peru - Inflation (end of period)
Inflation drops in August
Consumer prices in Metropolitan Lima increased 0.13% month-on-month in August, below July’s 0.38% rise. August’s increase was largely the result of higher prices for food and beverages as well as for leisure and cultural and teaching services.
Meanwhile, inflation slid to 1.1% in August from 1.6% in July. In August, core consumer prices, which exclude energy and food prices, increased 0.1% from the previous month, slightly below July’s 0.2% rise. Finally, core inflation dipped from 2.4% in July to 2.0% in August, a near eight-year low.
The Central Bank expects inflation to end 2018 at 2.0%. Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2018 at 2.2%, which is unchanged from last month’s projection. For 2019, the panel expects inflation of 2.4%.
Peru - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||2.9||3.2||4.4||3.2||1.4|
5 years of economic forecasts for more than 30 economic indicators.
Peru Inflation (eop) Chart
Source: Peru National Statistical Institute and Met the why particular calculations.
|Bond Yield||5.26||-0.60 %||Sep 20|
|Exchange Rate||3.30||-0.06 %||Sep 20|
|Stock Market||19,488||-0.23 %||Sep 20|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
September 18, 2018
At its 13 September monetary policy meeting, the Central Bank of Peru (BCRP) decided to keep the policy interest rate unchanged at an eight-year low of 2.75%, matching market expectations.
September 17, 2018
Economic activity expanded 2.3% year-on-year in July, above June’s 2.0% increase but still well below April’s annual growth rate of 7.8%, which was a five-year high.
September 11, 2018
The business confidence indicator edged down to 58.5 in August from July’s 59.0, remaining comfortablyabove the 50-point threshold that separates optimism from pessimism. Driving the small decrease in business sentiment was a deterioration in expectations on the near-future, while expectations on the medium-term improved.
September 6, 2018
Peru’s trade balance recorded a USD 489 million surplus in July, down considerably from June’s USD 1,284 million surplus but more than double the USD 230 million surplus recorded in July 2017. Growth in exports remained strong in July, coming in at 17.3% year-on-year following June’s hefty 20.7% increase.
September 3, 2018
Consumer prices in Metropolitan Lima increased 0.13% month-on-month in August, below July’s 0.38% rise.