- Annual inflation rate in Lima stood at 1.69% in June 2025.
- Consumer prices rose by 1.30% in June, rebounding from May’s decline.
- Food and non-alcoholic beverages saw an increase in inflation.
- Housing and utilities experienced a drop in inflation rates.
- Overall inflation remains within the central bank’s target range.
Peru’s Inflation Rate Remains Steady in June 2025
In a recent report, the annual inflation rate in Peru, specifically in its capital Lima, remained steady at 1.69% for June 2025. This figure holds firm from May, marking a four-month high. Notably, this sustained rate continues to fall within the central bank’s established target range, which is set between 1% and 3%. Maintaining stability in inflation is crucial for economic stability, and these numbers reflect ongoing trends in the country’s economic landscape.
Rising Prices in Key Consumer Sectors
Food and non-alcoholic beverages saw inflation rise, moving from 1.35% in May to 1.49% in June. Similarly, recreation and culture prices inched up to 2.96%, slightly higher than the previous month’s 2.92%. In addition, the restaurant and hotel sectors recorded an inflation rate of 2.84%, an increase from 2.79%. These sectors show how consumer spending is shifting, particularly in these areas.
Moderation in Inflation Rates for Several Categories
Conversely, some categories witnessed a decrease in inflation. Housing and utilities dropped to 0.45% from 0.68% in May, while transport fell to a mere 0.13%, down from a more significant decline of 0.95%. Education and miscellaneous goods and services also displayed minor reductions, with education at 4.07% versus the previous 4.12%. Interestingly, as monthly data indicate, June saw a recovery in consumer prices, showing a noticeable increase of 1.30% in contrast to the slight 0.06% decline seen in May.
To sum up, the inflation landscape in Peru remains dual-faceted. While certain sectors like food and recreation have seen rising prices, areas like housing and transportation are cooling down. The stability within the central bank’s target range reflects an intriguing balance in economic conditions, suggesting a nuanced market response as consumer behavior evolves.