IMF: the Peruvian economy will grow 2.5% this year

IMF: the Peruvian economy will grow 2.5% this year

Global organization reduced its projection on national GDP by 2 percentage points. At the regional level, Argentina will be the only one with a negative result.

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In its latest report on the world economic outlook, the International Monetary Fund (IMF) predicts that Peru’s GDP will grow 2.5% in 2024.

Compared to its previous reading, there is a decrease of two percentage points on the future of the local economy after the recession; Even so, the average for South America (1.4%) and Latin America and the Caribbean (2.0%) will be exceeded.

At the South American level, only Argentina will have a negative result (-2.8%), according to the IMF. The countries with the best annual GDP variation will be Venezuela (4.0%) and Paraguay (3.8%), followed by Uruguay (3.7%). Brazil, the largest market in the region, will barely have a rate of 2.2%.

Juan Carlos Odar, director of Phase Consultores, assures that The IMF shows “moderate optimism” and brings a rate below our potential growth and lower than that of the United States (2.7%). Days ago, Citi Research also assured that the Peruvian GDP would rebound 2.4%, which is not strong but auspicious after the recession.

The IMF adds that, by 2025, Peruvian GDP will reach 2.7%. Meanwhile, they estimate that inflation will peak today at 2.3%—that is, within the target range set by the BCRP, from 1% to 3%—and next year, at 2.0%.

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Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.

Source: Larepublica

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