Peru Inflation Rate Quickens in April
The inflation rate in Peru's capital, Lima, experienced an increase to 1.65% in April 2025, up from a 6.5-year low of 1.28% in March. This marked the first upward shift in inflation in five months. Despite this increase, April's inflation rate stayed within the central bank's target range of 1-3% for the 13th consecutive month. Significant upward pressure was observed in the sectors of food and non-alcoholic beverages, which rose to 0.97% from a decrease of 0.82% in March; recreation and culture, which increased to 2.90% from 2.77%; and miscellaneous goods and services, which saw a slight rise to 2.57% from 2.53%. On a monthly basis, consumer prices went up by 0.32% in April, which was a deceleration from the 0.81% increase noted in March.
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