In the wake of the financial crises that gripped Latin America, Peru suffered hyperinflation in the late 1980s. Since then, however, inflation of consumer prices has remained relatively stable. Peru’s central bank has an inflation target of 1% to 3%.
See the latest news for inflation in Peru.
Inflation data for 2016 is the annualized rate through May.
Inflation in Peru is generally lower than greater Latin America. Successive governments have appointed apolitical technocrats to head the national finance ministry.
Sources: World Bank