Inflation Peru 2022
Average inflation: 8.3%
Current Inflation
Inflation is very high at 8.3%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 9.3%. The lowest inflation was in January at 6.3%.
- Highest month
- June: 9.3%
- Lowest month
- January: 6.3%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 5.6%. The lowest price increase was in Core inflation with an average of 5.6%.
- Highest increase
- Core inflation: 5.6%
- Lowest increase
- Core inflation: 5.6%
Historical Context
Current inflation is 4.6% higher than the 5-year average of 3.7%. This approaches the highest level since records began (8.3% in 2022).
- 5-year average
- 3.7%
- 10-year average
- 3.5%
- All-time high (2022)
- 8.3%
- All-time low (2018)
- 1.5%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.0 percentage point.
- Change vs. previous year
- +4.0 percentage points
- Largest monthly swing
- May: +6.0 percentage points
ECB Target
Inflation is 6.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 6.3% | +3.4 |
| February | 6.7% | +3.9 |
| March | 7.5% | +4.6 |
| April | 8.6% | +6.0 |
| May | 8.8% | +6.0 |
| June | 9.3% | +5.8 |
| July | 9.3% | +5.3 |
| August | 8.8% | +3.8 |
| September | 8.8% | +3.4 |
| October | 8.6% | +2.5 |
| November | 8.6% | +2.4 |
| December | 8.6% | +1.6 |
| Average | 8.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.