After in 2023 the economic activity recorded its worst result in 30 years, discounting the pandemic, and contracted by 0.6%, the dissipation of climatic anomalies (in terms of intensity and duration) is leading to improved forecasts for the rebound of the gross domestic product (GDP). for this year. Thus, BBVA Research raised its estimate from […]
Tag: economy
Inflation will normalize at most in April
In February of this year, inflation went from 3.03% to 3.3% and, to everyone’s surprise, it moved away from the upper limit of the target range – set between 1% and 3% by the Central Reserve Bank of Peru (BCRP)—. From the issuing entity they assure that the rebound in the Consumer Price Index (CPI) […]
50% of women earn less than S/1,400
For International Women’s Day, which is commemorated every March 8, it is key to notice the labor gaps in Peru. The average income of female workers is S/1,405, about S/468 less than men (S/1,873), according to the National Institute of Statistics and Informatics (INEI). The numbers not only warn that female talent has less presence, […]
Mypes are the key to the inclusion of women in the O.Medio economy
Small independent businesses and access to banking products are the key to promoting the inclusion of women in the economic fabric of middle East and North Africa (MENA), territories where the vast majority of women They live in rural environments that mark their development possibilities. That was one of the main conclusions of the conference […]
Powell insists that the Federal Reserve is close to starting to reduce interest rates
The president of the Federal Reserve, Jerome Powellstated this Thursday that “it won’t be long” for the US central bank to cut rates and assured that the health of the US economy is better than that of any other developed country. Powell, who appeared before a US Senate committee this Thursday, added that when the […]
Eduardo Ferreyros: “If fishing had not fallen, the GDP would have been positive”
The passage of the El Niño phenomenon dealt a hard blow against industrial fishing, which is why we spoke with Eduardo Ferreyrospresident of the SNP, to know their evaluation of what happened and what they expect for this year, taking into account that they recently had a meeting with Produce and Imarpe. -What is your […]
Hunt anticipates that the announcements he will make this Wednesday will be “prudent and responsible”
The budget for the next fiscal year that the British minister will present, Jeremy Hunt, in Parliament this March 6 will be the last before the general elections, scheduled for the end of the year. As was revealed the day before, there were speculations that the conservative Government of Rishi Sunak would apply extensive tax […]
Wall Street closes the week on mixed ground, with a slight drop in the Dow Jones
Wall Street closed the week on mixed terrain due to a slight drop in the Dow Jonesdespite the good month of February that ended yesterday and the historical levels of the other two indicators. He Dow Jones of Industriales, which already includes the e-commerce giant among its 30 listed companies amazonlost 0.11% weekly, while the […]
Brazil: economy grew 2.9% in 2023 and exceeds government expectations
The brazilian economy grew by 2.9% in 2023, in the first year of the president’s government Luiz Inácio Lula da Silvathus chaining three consecutive years of expansion, official sources reported this Friday. In the fourth quarter, the gross domestic product (GDP) registered stagnation compared to the third quarter, which represents the worst quarterly data in […]
Moody’s maintains 2.2% growth outlook for Mexico’s economy in 2024
The agency Moody’s Investors Service this Friday maintained its growth estimate for the economy of Mexico at 2.2% by 2024, driven by strong domestic demand and the phenomenon of company relocation or ‘nearshoring’. In its latest global outlook 2024-25 in February, the rating agency warned that growth in G-20 economies will stabilize at modestly lower […]