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Peru Annual Inflation Rate

Peru's annual inflation rate fell to 2.01% in 2024, down from 6.46% in 2023, according to World Bank. This represents a decrease of 4.45% from the previous year. Peru has annual inflation rate lower than the global median (2.01% vs median 3.16%). Compared with the median in Americas, Peru is lower (2.01% vs regional median 3.29%) and ranks 26th out of 35 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.01%
2023 6.46%
2022 8.33%
2021 4.27%
2020 2%
2019 2.25%
2018 1.51%
2017 2.99%
2016 3.56%
2015 3.4%
2014 3.41%
2013 2.77%
2012 3.61%
2011 3.37%
2010 1.53%
2009 2.94%
2008 5.79%
2007 1.78%
2006 2%
2005 1.62%
2004 3.66%
2003 2.26%
2002 0.19%
2001 1.98%
2000 3.76%
1999 3.47%
1998 7.25%
1997 8.56%
1996 11.54%
1995 11.13%
1994 23.74%
1993 48.58%
1992 73.53%
1991 409.53%
1990 7,481.66%
1989 3,398.68%
1988 667.02%
1987 85.82%
1986 77.92%
1985 163.4%
1984 110.21%
1983 111.15%
1982 64.45%
1981 75.43%
1980 59.15%
1979 66.69%
1978 57.85%
1977 38.05%
1976 33.48%
1975 23.62%
1974 16.89%
1973 9.49%
1972 7.22%
1971 6.79%
1970 5.03%
1969 6.24%
1968 19.09%
1967 9.78%
1966 8.84%
1965 16.39%
1964 9.79%
1963 6.07%
1962 6.64%
1961 5.92%
1960 8.66%
Peru Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Peru.
Indicator Last Value Prior Value Period
Core Inflation Rate 2.1% 2.1% Sep'25
Inflation Rate 1.4% 1.1% Sep'25
Inflation Rate MoM 0% -0.3% Sep'25