Peru Inflation Rises to 4.01% in April

Peru's capital Lima recorded 4.01% year‑over‑year inflation in April 2026, the highest since October 2023.
April's CPI rose 0.52% month‑on‑month, down from March’s 2.38% surge but above Bloomberg’s median forecast of 0.22%.
March inflation hit 3.80% YoY, breaching the 1‑3% target range in two years, due to gas, oil and weather.
Peru will hold a presidential runoff election in June 2026, marking the country's 10th head of state change since 2016.