Peru Inflation Rate at 13-Month High of 1.7%
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The annual inflation rate in Lima, Peru, rose to 1.70% in January 2026, up from 1.51% in December, marking the highest rate since December 2024 but still within the central bank's target of 1% to 3%. This increase was primarily due to higher prices for food and non-alcoholic beverages (2.13%) and transportation (1.81%). In contrast, housing and utilities prices decreased at a faster rate (-2.52%). Monthly, the CPI rose by 0.10%, down from a 0.24% increase in December.
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