The Peruvian manufacturing will register a growth of 1.1% this year, exceeding the regional average that will be located at 0.3%, the panelists estimated in their May 2023 report of the FocusEconomics Consensus Forecast LatinFocus.
Next year, Peruvian manufacturing will expand 1.8%; 1.9%, 2025; and 2.1%, in 2026. Meanwhile, the Latin American average will advance 1.6% in 2024; 2.3%, 2025; and 2.6%, 2026, projected the panelists.
In addition, they corrected the growth forecast for Peruvian manufacturing for this year upwards (to 1.1%), from a forecast of 1% in April 2023.
regional performance
In Latin America, Peru will occupy the second position in manufacturing this year with an advance of 1.1%, after Mexico, which will show an expansion in its industrial production of 1.7%, they predicted. It will be followed by the industrial productions of Brazil (0.1%), Colombia (0.1%), Uruguay (-0.2%), Chile (-1.1%) and Argentina (-1.9%).
Next year, Peruvian industrial production will achieve an advance of 1.8%, ranking third in the region; after Mexico (2.2%) and Colombia (2.1%), they predicted. It will be followed by manufactures from Uruguay (1.4%), Brazil (1.3%) and Argentina (0.9%).
Source: Larepublica
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