FX.co ★ Peru’s Inflation Momentum Cools in August as Monthly CPI Slows Sharply

Peru’s consumer price inflation eased markedly in August 2026, with the month‑over‑month Consumer Price Index (CPI) rising just 0.07%, down from a 0.29% increase in July 2026. The latest data, updated on 1 September 2026, point to a clear moderation in short‑term price pressures in the Peruvian economy.

On a month‑over‑month basis, the August reading shows that price growth has lost steam compared to July, when the CPI increase was more than four times higher. The comparison framework used for the data assesses the change in prices each month relative to the previous month, underscoring that inflationary momentum has weakened as the third quarter progresses.

This deceleration in CPI could signal easing cost pressures for households and businesses, and will likely be closely monitored by policymakers and markets as they gauge the trajectory of inflation in the coming months.