Summary
- Peru’s Consumer Price Index (CPI) rose by 1.53% in the first seven months of 2024, with a 0.23% increase in July.
- Inflation reached 1.81% in Lima Metropolitana and stood at 1.77% nationally for the past 12 months.
- Key drivers of the July increase were the Transport sector and Food and Non-Alcoholic Beverages.
- Peru’s controlled inflation rate suggests a resilient economy, attracting potential investment and fostering sustainable growth.