Both Perez and Hulkenberg made it to the third qualifying session.
While Perez recorded his best timing of 1:24.626s in the final qualifying session, Hulkenberg was a tad slow clocking 1:25.317s in Q3.
Mercedes' Lewis Hamilton will start tomorrow's Italian GP from pole position after beating Ferrari's Kimi Raikkonen by just over two-tenths of a second. It was Hamilton's seventh consecutive pole, his fourth at Monza and his 11th of the season.
The Williams of Felipe Massa and Valtteri Bottas will form the third row, followed by Perez and Romain Grosjean of Lotus.
Force India's Hulkenberg was hit by technical woes and finished ninth, with Sauber's Marcus Ericsson - penalised three grid places for blocking Hulkenberg in Q1 - completing the top ten.
Perez was realtively satisfied with his outing today.
"I am pretty happy with the job I did today in qualifying. I was able to improve my time in every session and each lap was pretty good. In Q3 I was a bit too optimistic and tried to get a tow from Kimi on the straight but it didn't work. It actually cost me a couple of tenths but in any case it wouldn't have been enough to be in front of the two Williams cars," Perez said.
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