FX.co ★ Peru’s Monthly Inflation Surges in March as CPI Jumps to 2.38% MoM

Peru’s consumer price pressures accelerated sharply in March 2026, with the country’s Month-over-Month Consumer Price Index (CPI) rising to 2.38%, up from 0.69% recorded in February 2026. The fresh data, updated on 1 April 2026, point to a notable pickup in short-term inflation momentum.

On a Month-over-Month comparison basis, the latest reading shows that price growth in March was significantly stronger than in the previous month. While February’s 0.69% increase reflected a more moderate rise in prices compared with January, the March jump to 2.38% suggests a marked intensification of inflationary dynamics within just one month.

The figures will be closely watched by market participants and policymakers as they assess the trajectory of inflation in Peru. The Month-over-Month comparison framework underscores how quickly conditions have shifted between February and March, raising questions about the persistence of these stronger price pressures in the coming months.