Peru’s consumer price inflation accelerated sharply in February 2026, with the month-over-month CPI rising 0.69%, up from a modest 0.10% in January 2026. The latest data, updated as of 1 March 2026, point to a notable pickup in short-term price pressures after a relatively calm start to the year.
On a month-over-month basis, February’s reading marks a clear break from January’s subdued increase, when prices barely moved compared with the previous month. The comparison shows that while January’s change in CPI was almost flat, February brought a significantly stronger rise in consumer prices, signaling a potential shift in the near-term inflation trend.
Analysts and market participants will now be watching subsequent releases closely to determine whether February’s stronger inflation print represents a one-off adjustment or the beginning of a more persistent price acceleration in Peru’s economy.