Inflation Rate in Peru decreased to 1.48 percent in February from 1.85 percent in January of 2025. This dataset provides - Peru Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average inflation rate in Peru was forecast to decrease between 2024 and 2029 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2026. The inflation is estimated to amount to two percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.Find more statistics on other topics about Peru with key insights such as the total population, ratio of the national debt to the gross domestic product, and the national debt.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In May 2024, the CPI in Peru experienced a 1.66 percentage points increase compared to the same month of the previous year. The largest inflation rate was registered in February 2023, when CPI grew by 8.99 percent compared to the same month of 2022.

Peru inflation rate for 2023 was 6.46%, a 1.88% decline from 2022.

• Peru inflation rate for 2022 was 8.33%, a 4.06% increase from 2021.
• Peru inflation rate for 2021 was 4.27%, a 2.27% increase from 2020.
• Peru inflation rate for 2020 was 2.00%, a 0.25% decline from 2019.

Индекс потребительских цен в Перу вырос на 0,19 процента в феврале 2025 года по сравнению с предыдущим месяцем. Текущие значения, исторические данные, прогнозы, статистика, графики и экономический календарь - Перу - Уровень инфляции (м/м).

In February 2025, the inflation rate of food in Peru decreased by one percent compared to the same month from the previous year.

The annual average consumer price index in Peru was forecast to continuously increase between 2024 and 2029 by in total 11.8 points (+10.37 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 125.58 points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.Find more statistics on other topics about Peru with key insights such as the gross domestic product (GDP) per capita, the current account balance, and the general government revenue.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Peru, the CPI has been experiencing a steep upwards trend from February 2021 to May 2024, indicating a general raise in prices. During that same last month, the highest inflation rate was registered in the category of education, where CPI grew 5.23 percentage points compared to June 2023. It was closely followed by restaurants and hotels, with an increase of 4.59 percent.

Peru PE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 3.940 % in 2017. This records an increase from the previous number of 2.879 % for 2016. Peru PE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 3.732 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 6,261.240 % in 1990 and a record low of 0.109 % in 2002. Peru PE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Peru – Table PE.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Inflation, GDP deflator: linked series (annual %) in Peru was reported at 6.5663 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Peru - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The average for 2024 based on 12 countries was 20.91 percent. The highest value was in Argentina: 139.71 percent and the lowest value was in Peru: 2.44 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

In June 2024, the inflation rate varied among the main goods and products in Peru, with horse mackerel being the one with the highest increase which stood up at 14.4, and was followed by tomatoes with 8.7. In contrast, the things with lower shares were chicken (-3.9) and gasohol (-2.6)

Peru PE: Real Interest Rate data was reported at 11.350 % pa in 2011. This records a decrease from the previous number of 12.319 % pa for 2010. Peru PE: Real Interest Rate data is updated yearly, averaging 20.013 % pa from Dec 1986 (Median) to 2011, with 26 observations. The data reached an all-time high of 76.428 % pa in 1991 and a record low of -60.034 % pa in 1988. Peru PE: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Peru – Table PE.World Bank: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Die Kernverbraucherpreise in Peru stiegen im Januar 2025 um 2,53 Prozent gegenüber dem gleichen Monat des Vorjahres. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Peru - Kerninflation.

The gross national savings in Peru were forecast to decrease between 2024 and 2029 by in total 0.6 percentage points. This overall decrease does not happen continuously, notably not in 2029. The savings are estimated to amount to 16.94 percent in 2029. Find more statistics on other topics about Peru with key insights such as the gross domestic product (GDP) deflator, the national debt, and the annual inflation rate of end of period consumer prices.

The growth of the real gross domestic product (GDP) in Peru was forecast to decrease between 2024 and 2029 by in total 0.7 percentage points. This overall decrease does not happen continuously, notably not in 2028. The growth is estimated to amount to 2.32 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more statistics on other topics about Peru with key insights such as the average inflation rate, the gross domestic product (GDP) per capita (in constant prices), and the general government structural balance.

The average price for a Big Mac burger in Peru was estimated at 4.25 U.S. dollars in January 2024. The so-called Big Mac index is regarded as an indicator for the purchasing power of an economy. Buying a Big Mac in Peru is cheaper than, for instance, in neighboring Chile. Big Mac IndexThe Bic Mac index has been published annually by The Economist since 1986 and is rated as a simplified indicator of a country’s individual purchasing power. As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.S. dollars.The Big Mac, as the top-selling McDonald’s burger, is used for comparison because it is available in almost every country and manufactured in a standardized size, composition and quality. McDonald’s is a worldwide operating fast food restaurant chain with headquarters in Oak Brook, Illinois. In Latin America, McDonald's largest franchisee is Arcos Dorados Holdings, with headquarters in Montevideo, Uruguay.

Inflation in Peru After two years of hyperinflation in 1989 and 1990, the inflation rate of Peru slowed down until 2022, following the trend of the global inflation crisis. Nonetheless, the Andean country still ranks in the middle of the table of Latin American countries with the highest inflation rate during that same year and remains with significantly lower price increases than the region’s average. Some sectors are more impacted than others, the category with the highest price increases as of September 2023, were food and non-alcoholic beverages, in contrast, the housing and housing services sector presented a slight deflation during the same period.

The annual change of the general government primary net lending in Peru was forecast to increase between 2024 and 2029 by in total 2.2 percentage points. This overall increase does not happen continuously, notably not in 2029. The lending share is estimated to amount to 0.53 percent in 2029. Find more statistics on other topics about Peru with key insights such as the ratio of government expenditure to GDP, ratio of the national debt to the gross domestic product (GDP), and the annual inflation rate of end of period consumer prices.

In 2023, no Latin American or Caribbean country registered deflation in their average consumer prices. Costa Rica had the lowest change compared to the previous year with 0.52 percent. In contrast, the average inflation rate in Venezuela amounted to about 337.46 percent.

Latin America among the highest inflation rates in the world In 2023, the average inflation rate of the region was around 14.41 percent. Which is significantly higher than the global average of 6.78 percent. Some of that is explained by countries such as Venezuela, Argentina, and Suriname ranking in the top then of countries with the highest inflation rate in the world.

Chronic inflation in Latin America Chronic inflation is often defined as persistent high inflation throughout a long time. Some of the common examples of this problem are Venezuela and Argentina, both countries had episodes of hyperinflation, with price increases considerably over 50 percent per month in both cases. The last few years, the global crisis and economic sanctions, attenuated the situation with Argentina reaching once again three-digit inflation and Venezuela exceeding 63,000 percent inflation in 2019.

6.6 (%) in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.