News Peru Economy: Peru economy expands for fourth straight month in July
LIMA (Reuters) -Peru's economy expanded for the fourth month in a row in July fueled by all sectors except agriculture, official data showed on Sunday, continuing the country's recovery following a recession last year. The 4.47% year-on-year growth in the month, according to the INEI statistics agency, outdid an estimate from the chief economist of Peru's central bank last week, who expected expansion of around 4%. The July growth marks a significant jump from the month before, when Peru logged an economic expansion of 0.21%.
News Peru Economy: Peru's economy seen growing 4% this year with stable inflation
(Reuters) -Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as inflation is seen holding for another year at around 2%. The Andean economy is bouncing back from recession, with the government of President Dina Boluarte and the central bank forecasting positive prospects for 2025, including fewer inflationary pressures and more investment. Peru's economy for decades was one of Latin America's top performers, but in recent years growth has cooled as social unrest hit the country's key mining sector amid growing political instability.
News Peru Economy: MEF: Peru could post one of region's best economic performances in 2026 and 2027
" and Finance Minister Elmer Cuba projected that Peru would rank among the Latin American countries with the best economic performance this year and the next one.
News Peru Economy: Seven growing economic sectors which are ripe for investment in Peru
In addition, the organization of the World Travel Awards - WTA, prizes considered the Oscars of tourism, has awarded Peru the recognitions in 3 categories: ‘Best Culinary Destination in the World’, ...
News Peru Economy: $2.8 Billion Budget, Mining Push Put Peru's Indigenous Communities in Focus, May Trigger Social Unrest
Researchers and advocacy groups say Peru's planned mining deregulation could intensify conflicts with artisanal miners and indigenous communities.
News Peru Economy: Peru: Economy to continue expanding, expected to grow above 3% in 2026
Peru's economy has shown stronger-than-expected momentum in the early months of this year, leading many economic analysts to raise the forecasts they had made at the beginning of 2026.
News Peru Economy: Peru Expands Budget for El Niño Preparedness
Peru's Congress has approved a $2.8 billion budget expansion to improve infrastructure and essential services. The funds aim to mitigate the impacts of potential El Niño rains. This comes as President-elect Keiko Fujimori considers emergency decrees, and the fiscal council expresses concerns over Peru's financial outlook.
News Peru Economy: Peru's Economic Outlook: Growth, Inflation, and Upcoming Elections
Peru's central bank has revised its economic growth forecast for 2026 to 3.2% and maintains the same rate for 2027. Inflation forecasts have been adjusted to 2.4% for 2026 and 2.0% for 2027, considering potential impacts from presidential elections and the Middle East conflict. The fiscal deficit is projected at 1.8% of GDP.
News Peru Economy: Peru's Central Bank Adjusts Economic Growth Predictions
Peru's central bank has updated its economic growth forecast for 2026 to 3.2%, slightly up from 3.0%. The bank maintains the same growth projection for 2027. Inflation is expected to stay within target, but the forecast has been raised to 2.4% for 2026 and 2.0% for 2027.
News Peru Economy: UN trims Latin America 2022 economic outlook as growth drivers weaken
Latin America's economy is expected to grow 2.1% in 2022, a United Nations body said on Wednesday, cutting its forecast from 2.9% previously amid weaker global demand and moderating commodities prices ...
News Peru Economy: Peru's President: Gov't will continue to manage public finances responsibly
The
