Overview
- Consumer prices in Lima rose 0.69% in February, the largest monthly gain since March 2025, taking the 12‑month rate to 2.21%, according to INEI.
- Just four components—green peas, eviscerated chicken, eggs, and the household water tariff—accounted for 0.604 percentage points of the 0.69% monthly increase, with water up 10.3% from February 1.
- Fresh food spikes were pronounced: green peas roughly doubled (+106%), strawberries rose about 32%, eggs gained ~18%, and chicken climbed 8–9%; Midagri reports retail chicken at S/12.41/kg late February versus S/11.24 late January.
- Some declines tempered the headline figure as residential electricity fell 2.85% and mobile phone consumption dropped around 3%, with the communications division down 1.10%.
- Price increases were recorded in all cities, led by Puno (0.93%), Chiclayo (0.81%) and Cajamarca (0.79%); the annual rate remains within the BCR’s 1%–3% target and core inflation registered 0.36% for the month.