Cost of food in Peru increased 0.23 percent in October of 2024 over the same month in the previous year. Food Inflation in Peru averaged 6.11 percent from 1993 until 2024, reaching an all time high of 57.96 percent in January of 1993 and a record low of -2.57 percent in March of 2018. source: Central Reserve Bank of Peru
Food Inflation in Peru is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Food Inflation is projected to trend around 2.40 percent in 2025 and 3.00 percent in 2026, according to our econometric models.