The 12-month inflation expectations among economic analysts and the financial system declined from 2.89% in May to 2.83% in June 2026, remaining within the target range, the
It indicated that economic agents' inflation expectations for 2026 ranged between 2.80% and 3.20%.
Economic agents expect inflation of 2.50% for 2027. For 2028, it stands between 2.30% and 2.50%, within the target range.
June inflation
Earlier, the National Institute of Statistics and Informatics (INEI) reported that in June 2026, the Consumer Price Index for Metropolitan Lima rose 0.23% compared to the previous month.
This brought cumulative inflation to 3.79% in the first six months of the year, while the 12-month rate (July 2025–June 2026) reached 4.01%.
INEI Chief Gaspar Moran Flores explained that the monthly price variation was mainly driven by higher prices in the Food and Non-Alcoholic Beverages division, due to increases in fish and seafood, fruit, and chicken eggs.
However, prices fell for vegetables, legumes and tubers, chicken meat and cuts, sugar, as well as bread and cereals.
The monthly variation was also driven by higher prices in the Restaurants and Hotels division (food and beverage services) and in Furnishings, Household Equipment and Routine Household Maintenance (textile products, repair of household appliances, and goods).
By contrast, prices fell in the Transport division, due to lower transport fuel prices—reflecting lower international oil prices—and air passenger transport fares.