Peru, in recent years, has been a melting pot of misfortunes. Political and social struggles and even Mother Nature have not ceased to agitate her fiercely. Although people do not eat GDP – an indicator defended by a political sector as a barometer of well-being – the prospects are grey: we would grow below 2% […]
Tag: growth peru
INEI: national economy fell 0.43% in the first quarter of 2023
After the Peruvian economy registered falls of 1.02% and 0.51% respectively in January and February, it was able to grow in March of this year, but only 0.22%. Despite this, the Gross National Product (GDP) closed the first quarter of 2023 with a decrease of 0.43%, according to the National Institute of Statistics and Informatics […]
BCRP does not yet plan to reduce the reference rate
The president of the Central Reserve Bank of Peru (BCRP), Julio Velarderecently said in an interview with Bloomberg that he is wary of the risk of easing monetary policy prematurely before inflationary pressures have subsided. “We have to be sure that inflation is defeated. The worst case scenario for a central banker is to lower […]
José Távara: “It is a mistake to aim for growth and believe that the problems will be solved”
La República interviewed the economist and PUCP professor José Távara to analyze the national panorama of the new year, fraught with sociopolitical tensions that have diminished the main growth indicators and, therefore, demand solutions and consensus so as not to further harm the who have less — What are your thoughts on economic activity in […]