Inflation Peru 2018

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 2.5%. The lowest inflation was in April at 0.5%.

Highest month
December: 2.5%
Lowest month
April: 0.5%
Difference
2.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 5.4%. The lowest price increase was in Core inflation with an average of 2.3%.

Highest increase
Energy: 5.4%
Lowest increase
Core inflation: 2.3%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (1.5% in 2018).

5-year average
3%
10-year average
3.1%
All-time high (2016)
3.6%
All-time low (2018)
1.5%

Trend

Inflation shows a downward trend. Compared to 2017, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
April: -3.5 percentage points

ECB Target

Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Energy
5.4%
+3.9vs avg.
More details →
Core inflation
2.3%
+0.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2017
January 1.4% -1.8
February 1.4% -1.9
March 0.6% -3.4
April 0.5% -3.5
May 1.1% -2.2
June 1.6% -1.4
July 1.8% -1.2
August 1.3% -2.1
September 1.5% -1.7
October 2.1% -0.2
November 2.4% +0.7
December 2.5% +1.0
Average 1.5%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also