Since 1992 – without taking into account the pandemic – there has not been a decline in national production until 2023, when we closed at -0.55%, confirming the largest drop in 31 years, according to official data from the National Institute of Statistics and Informatics (INEI). Although the distance is great, both years are characterized […]
Tag: inei
Almost double the minimum wage: how much do Lima residents earn on average per month, according to INEI?
He National Institute of Statistics and Informatics (INEI), In its technical report on the situation of the labor market in Metropolitan Lima, it noted that Peruvians who work in this region of the country have an average monthly income of S/1,926.10. This figure is 6.8% higher than the previous year’s quarter. It should be noted […]
INEI: only 3 out of every 10 employees are formal
In 2023, the formality rate in Peru went from 26% to 28.9%, while the informality rate fell from 74% to 71.1%, according to the National Institute of Statistics and Informatics (INEI). Approximately, 3 out of every 10 workers operate within the legal framework. The data comes after learning that, during the first year of Dina […]
INEI: the Peruvian economy fell 0.55% in 2023, its worst record in 25 years
During 2023, The Peruvian economy contracted 0.55%according to the National Institute of Statistics and Informatics (INEI). They influenced the negative result the fall in production in manufacturing (-6.65%), construction (-7.86%), financial (-7.85%), telecommunications (-5.80%), agriculture (-2.91%) and fishing (-19.75%). Not counting the COVID-19 pandemic, which pushed GDP in 2020 to -11.12%, in 2023 the worst […]
Fishing and cement consumption closed 2023 in red
The INEI reported contractions of 51.34% in fishing production and 10.88% in the main construction indicator. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Thursday, February 1? How much should I earn per month in 2024 so that my fifth category rent is not […]
Inflation continues to fall: it barely advanced 0.02 during January
The Consumer Price Index is one step away from the target range set by the BCRP. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Thursday, February 1? How much should I earn per month in 2024 so that my fifth category rent is not […]
Unemployment and informal employment increased the previous year
The situation of the labor market in Metropolitan Lima has not yet recovered the levels seen before the arrival of the pandemic generated by COVID-19, according to the latest report from the National Institute of Statistics and Informatics (INEI). At the end of 2023, 110,000 formal jobs (-3.5%) could not be achieved compared to 2019, […]
Economy advanced in November, but 2023 is lost
National production in November 2023 registered an advance of 0.29%, after 6 months of decline, according to the latest report from the INEI. The result was anticipated by the Minister of Economy and Finance, Alex Contreras, who highlighted a couple of days ago that this marks the beginning of the country’s economic recovery. What the […]
Inflation closes at 3.24%, outside the BCRP goal
For the third consecutive year, the restrictive monetary policies of the Central Reserve Bank (BCRP) failed to keep inflation in Peru at the planned annual goal, and the Consumer Price Index (CPI) recorded new progress of 3.24% in 2023, according to INEI. According to the organization, only in December inflation had an increase of 0.41%, […]
Chicken, meat, salt, sugar, milk and yellow chili among the foods that rose the most in 2023
The National Institute of Statistics and Informatics reported that the Food and Non-Alcoholic Beverages item contributed to inflation of 3.24% in 2023 with a progress of 3.74%. This increase was supported by the higher prices observed in meat (7.9%) such as ground beef (12.3%), chicken giblets (12.1%), beef stew meat (11.4% ), gutted chicken (10.3%), […]