The pet food market in Peru will grow from US $ 456 million in 2023 to US $ 680 million in 2028, driven by a young population and changes in fatherhood. The pet food sector in Peru shows remarkable dynamism. According to a Euromonitor report, this market is expected to generate US $ 456 million […]
Tag: pandemic
How the US captured a third of global capital flows since the pandemic
Despite a rise in calls to diversify away from the dollar in recent years, the United States has cornered nearly a third of all global cross-border investment since the Covid pandemic. An International Monetary Fund analysis submitted by request to Bloomberg News shows the share of global flows has risen — not fallen — since […]
Apeseg: Peruvians allocate S/46 monthly to pay insurance
On average, Peruvians allocated S/46 per month to pay insurance during 2022, which would translate into 4.5% of a minimum living wage, according to the sector’s annual report presented today at Insurance Day 2024. In that sense, general risk insurance and life insurance were the most requested in terms of premiums, reaching 35.2% and 33.5% […]
Covid pandemic reduced life expectancy by almost two years between 2019 and 2021
The pandemic Covid-19 reduced life expectancy by almost two years between 2019 and 2021, the World Health Organization (WHO) revealed on Friday, destroying a decade of progress. Between 2019 and 2021, global life expectancy fell by 1.8 years to 71.4 years, the 2012 level, according to the WHO’s annual report on global health statistics. Likewise, […]
Foreign tourists spend US$500 on average
By Susana Condado After the coronavirus pandemic, one of the slogans of the Peruvian Government and businessmen is to recover the dynamism of tourism. And, as a result of the mandatory confinement and health restrictions, this activity is one of the few that is still far from its potential. For this year, it is expected […]
Inflation will return this year to its pre-COVID-19 level
After 2020, inflation climbed to a peak of 8.46%, its highest level in just over two decades, and only four years after the pandemic is it expected to normalize and close at 2.2%, according to the Bank Central Reserve Bank of Peru (BCRP). What do we call regularized inflation? It is when the Consumer Price […]
Ecological transition will affect productivity in the short and medium term, says the ECB
The ecological transition will affect productivity growth in the short and medium term, due to the adjustments that companies will have to make to adapt to the reduction in emissions, but will boost it over a longer period of time, according to the European Central Bank (ECB). This Tuesday, the organization published a new article […]
The post-covid world is recovering, but it forgets the poorest, warns the UNDP
Humanity recovered its level of development prior to the pandemicbut the record expected for 2023 hides a growing gap between rich and poor countries in a world as fragile as a “house of cards”warns the UN. In 2020 and 2021, for the first time since its creation more than 30 years ago, the Human Development […]
Peruvians spend S/911 per month on appliances
Per month, Peruvians spend S/911 on purchases of electronic products, which represents S/300 more than a year before the pandemicaccording to GfK. As is known, the quarantine—especially in the year of the national bicentennial—brought with it the normalization of online transactions and raised the bar for the rest of the years even though the numbers […]
Employment: 9 out of 10 independent workers are informal
The pandemic increased labor informality in Peru, and five presidents later, solutions have not arrived. The numbers speak: the recovery of employment, after the paralysis of the bulk of economic activities in mid-2020, was driven 81% by informal workers during our bicentennial, according to the International Labor Organization. The ILO recalls that, with the outbreak […]