The war in Ukraine will reduce the growth of the world economy by one point during the first year and the impact will be higher in the European Union (EU), where in the event of a complete interruption of energy imports from Russia the effect could be close to two points of GDP. This is […]
Tag: GDP
China projects to grow 5.5% in 2022, its lowest goal in more than 30 years
Chinese Prime Minister Li Keqiang announced last Saturday that the Asian giant’s growth target for this year will be around 5.5%, its lowest target for more than 30 years (since 1991). The new estimates from China, according to Li, are due to a “serious and uncertain” outlook in the context of the coronavirus, the real […]
INEI: the engines of economic recovery in 2021
The National Institute of Statistics and Informatics (INEI) reported yesterday that the Peruvian economy registered an increase of 13.31% during 2021. In detail, the sectors with the best performance were Accommodation and restaurants with 43.33%, favored by the reduction in curfew hours and greater capacity. And construction with 34.66% driven by the internal consumption of […]
BCP: Peruvian economy would grow around 2% in the first quarter of 2022
The Peruvian economy would grow around 2% in the first quarter of this year, according to the Economic Studies Area of the Banco de Credito del Peru (BCP). Among the reasons for reaching this figure, the financial entity warned that, in January of this year, the volume of non-traditional exports grew 8%, the public investment […]
Growth of 2021 in 13% and leaves base to advance in 2022
Today the National Institute of Statistics and Informatics (INEI) will publish the official figures of the evolution of the national gross domestic product (GDP) during 2021. The consensus of the economic agents is that the result would be 13%, which explains, in terms macroeconomicwhich managed to exceed pre-pandemic levels. According to the projections of the […]
Business expectations improved in January
In the first Monthly Survey of Macroeconomic Expectations for 2022 carried out by the Central Reserve Bank of Peru (BCRP)the businessmen consulted had a better perspective on the economy compared to December 2021. In this way, all the indicators of expectations at 3 and 12 months showed a recovery compared to the previous month, with […]
Effects on GDP of the COVID-19 crisis is greater than that of the 2008 financial crisis, according to the BCRP
The Central Reserve Bank of Peru (BCRP) indicated that, in terms of loss of the Gross Domestic Product (GDP), the cost caused by the crisis of the COVID-19 it is below that generated after the 1998 crisis, but it is higher than that recorded as a result of the 2008 International Financial Crisis. According to […]
Peruvian economy would have a growth of 2.7% in the first quarter, estimates the CCL
The Lima Chamber of Commerce (CCL) projected that, in the first quarter of this year, the national Gross Domestic Product (GDP) would register a growth of 2.7% explained by the impulse of the tertiary sector, specifically of the sectors Commerce and services, which will have a better performance in that period. According to the estimates […]