National production in September of this year increased by 9.71%, driven by the favorable evolution of most economic sectors, with the exception of Fishing, and the Financial and Insurance sector, as reported by the National Institute of Statistics and Informatics ( INEI). In the technical report on National Production it is detailed that in the […]
Tag: PBI
Private formal employment slightly exceeded the pre-pandemic level
During September of this year, 16,000 formal jobs were recovered in the private sector, compared to the same month in 2019, he explained. Adrian Armas, Manager of Economic Studies of the Central Reserve Bank of Peru (BCRP). The official said that said growth is 0.4% and is reflected only in sectors whose participation in the […]
Julio Velarde: the Peruvian economy would grow 13.2% this year
The Peruvian economy would grow 13.2% this year if the production rhythm observed until August is maintained, according to the president of the Central Reserve Bank (BCRP), Julio Velarde. Said calculation by Velarde would be 1.3 percentage points higher than 11.9% estimated by the issuing entity in its latest inflation report. “It’s not just rebound” […]
26% of the distributors used the applications out of necessity
A study released by ComexPeru revealed that the leading partners of the digital platforms and distributors of delivery services choose to work with the applications due to economic need, with 26%. While 18% prefer to do so because they obtain higher income and 16% use technology because they cannot find work as an employee. Likewise, […]
Peru: LatinFocus raises its GDP projection to 10.6% for 2021
LatinFocus has once again raised the projection of the gross domestic product (PBI) of the Peru for this year to 10.6%, from an advance of 9.9% expected in last September, with which the country’s economy will expand more than the regional and world average. The panelists of the FocusEconomics Consensus Forecast LatinFocus stated, meanwhile, that […]
Business expectations mostly optimistic
The expectations According to the latest Macroeconomic Expectations Survey of the Central Reserve Bank of Peru (BCRP), the macroeconomic events carried out in October showed a recovery for the second consecutive month, reflecting in a greater dynamics of the economy and the generation of jobs. According to the survey, all indicators of the current situation […]
Economy exceeds prepandemic levels for the first time
Since last August, the national economy would have recovered for the first time the levels prior to the pandemic. And it is that, in the eighth month of 2021, the Gross Domestic Product (GDP) increased 2.3% compared to July (seasonally adjusted index), while the PBI Non-primary growth grew 1.9%, both figures being above pre-pandemic levels, […]
US $ 14 million daily in losses would generate suspension of operations at Antamina mining
This Sunday, October 31, the Antamina mining company announced, through a statement, the paralysis of its operations due to the non-existent guarantees for the correct performance of the corresponding tasks and that a group of community members carried out a strike in the district of Aquia (Ancash). The president of Antamina, Víctor Gobitz, pointed out […]
Velarde affirmed that the GDP would grow more than 13% in 2021 if the August level is maintained
The year-on-year GDP growth in 2021 would be 13.2% if the level experienced in August were maintained. This was stated by the president of the Central Reserve Bank of Peru, Julio Velarde, during its participation in the 2021 Economic Forum “Trust for economic development: managing change”, organized by AmCham. “Our last official growth projection was […]
ILO: Social protection programs must be universalized in Latin America
In order to prevent the collateral damage caused by COVID-19 from being amplified in Latin America, the International Labor Organization (ILO) He urged regional governments on Wednesday to expand the coverage of their social protection programs. It is worth emphasizing that the pandemic brought unemployment, increased poverty ratios, loss of adequate employment and reduced income, […]