FX.co ★ Peru’s Inflation Rebounds in June, Snapping Deflationary Blip

Peru’s consumer prices rose in June 2026, reversing the brief deflation recorded a month earlier. The country’s Consumer Price Index (CPI) increased by 0.23% month-over-month in June, following a -0.16% month-over-month decline in May 2026, according to data updated on 1 July 2026.

The move from negative to positive territory on a monthly basis signals a clear shift in short-term price dynamics. While May’s drop in prices suggested temporary deflationary pressure, June’s rebound indicates that consumer prices are once again edging higher compared with the previous month.

On a month-over-month comparison basis, the latest reading shows that “actual” June inflation is measured against May 2026, while the “previous” figure—May’s -0.16%—reflects the change from April to May. This swing from deflation to inflation will be closely watched by market participants assessing the trajectory of Peru’s price environment and its potential implications for economic policy and financial markets.