The Central Reserve Bank of Peru (BCRP) announced that the fiscal deficit annualized to January has been equivalent to 3.7% of the internal gross product (GDP), that is, slightly higher than the closing of 2024 when it was 3 , 6%. This preliminary result is explained by the increase in non -financial spending of the […]
Tag: GDP
ILO: unemployment in Peru and informality far exceeds Latin American countries
Levels of participation and occupational occupation in countries of Latin America They are still lower than those registered in 2012, a sample of stagnation and insufficient creation of employment In the region, the International Labor Organization (ILO) revealed in its recent labor report 2024 of Latin America and the Caribbean. “The panorama is still worrying: […]
Guido Valdivia de Capeco: “We must promote social housing where possible. Municipalities cannot stop that “
This 2025, the construction sector will not yet recover the loss suffered in 2023 (-7.9%). In dialogue with the Republic, Guido Valdivia, Executive Director of the Peruvian Chamber of Construction (Capeco), notes the projects of investment auspicious, but also the costs of the criminality to the PBI Sectorial. After the ruling of the Constitutional Court […]
Fishing closed 2024 with a growth of 24.89%: what factors promoted the result?
The fishing production grew 76.76% in December 2024 compared to the similar month of the previous year, according to the National Institute of Statistics and Informatics (INEI). This result implied an accumulated variation of 24.89% and was supported by a greater capture of maritime origin species for indirect human consumption (81.55%). The extraction of anchovy […]
Capeco predicts that construction will grow up to 4% in 2024
Although the construction sector registered a significant growth of 5.5% in May, according to the BCRP, the Peruvian Chamber of Construction (Capeco) predicts that in June there would have been a drop of 3.3% due to low cement consumption (-5.9%), with the sector experiencing its second contraction during the first half of 2024. Likewise, the […]
Left to fend for herself and without confidence: the Peruvian economy under Dina Boluarte
The Peruvian economy during the first year of Dina Boluarte’s government registered its worst rate in just over three decades, not counting the pandemic (-0.6%). For 2024, a rebound of 3.1% is estimated – with a certain upward bias, by the Ministry of Economy and Finance (MEF) and various institutions – but it would not […]
MEF expects GDP to grow by more than 3.1% this year: it does not rule out raising the minimum wage
Peru’s Gross Domestic Product (GDP) will end 2024 above the 3.1% projected by the Government and the BCRP, according to the Minister of Economy and Finance, José Arista, and he does not rule out the possibility of setting an increase in the Minimum Vital Remuneration (RMV). A few days ago, at the InPeru business forum, […]
MEF: the economy would have grown by up to 5% in June
However, Minister José Arista once again questioned the BCRP for not reducing the reference interest rate, which keeps the financial market “a little cold.” Join the Whatsapp channel Following the rebound of just over 5% in the Peruvian economy in April and May, the head of the MEF, José Arista, said that in June it […]
Peruvian economy will grow more than 3.1% this year, estimates MEF
Following the strong GDP results in April and May, the Minister of Economy, José Arista, is confident that the expected rate will be exceeded. Recently, they acknowledged that it would be 3.2%. Join the Whatsapp channel The Minister of Economy and Finance, José Arista, assured this Wednesday, July 17, that the Peruvian GDP will exceed […]
SNI: After six years, industrial sector records record growth with 18.6% in May
The industrial sector grew significantly again in May, recording an increase of 18.6%. This figure represents the highest monthly growth since April 2018, not considering 2021 as a post-pandemic period, reported the Institute of Economic and Social Studies (IEES) of the National Society of Industries (SNI). The dynamism achieved in the fifth month of the […]