Levels of participation and occupational occupation in countries of Latin America They are still lower than those registered in 2012, a sample of stagnation and insufficient creation of employment In the region, the International Labor Organization (ILO) revealed in its recent labor report 2024 of Latin America and the Caribbean. “The panorama is still worrying: […]
Tag: Peruvian economy
BCP projects that the reference interest rate of the Central Reserve Bank could be reduced to 4.25% this year
The governing rate, which governs the behavior of credits offered by banks, is currently located at 4.75%. BCP foresees a reduction of 50 more basic points for this 2025. The area of economic studies of the Credit Bank of Peru (BCP) projected that the Central Reserve Bank of Peru (BCRP) would continue with its tendency […]
MEF estimates that poverty in Peru would have dropped to 27% in 2024
Minister José Arista indicated that with the results of the economy last year, poverty would have fallen to two percentage points. The head of the Ministry of Economy and Finance (MEF), José Arista projected that monetary poverty should decrease up to 2 percentage points with the recovery of the economy In 2024. “We have some […]
Roberto de la Tore, president of the CCL: “An incentive (tax) should not be permanent”
From a viewpoint where the Megapuerto de Chancay, the president of the Chamber of Commerce of Lima (CCL), Roberto de la Tore, talks with the Republic, hours before signing an agreement with the commune to train the commune to train companies so that they are integrated into the value chain of the bonanzas generated by […]
Peruvian economy will grow more than 3.1% this year, estimates MEF
Following the strong GDP results in April and May, the Minister of Economy, José Arista, is confident that the expected rate will be exceeded. Recently, they acknowledged that it would be 3.2%. Join the Whatsapp channel The Minister of Economy and Finance, José Arista, assured this Wednesday, July 17, that the Peruvian GDP will exceed […]
IMF maintains its projection for Peruvian GDP for this year at 2.5%
After two years, the Peruvian economy will surpass the regional average. In 2025, they aim for a rate of 2.7%. Join the Whatsapp channel The International Monetary Fund (IMF) maintained its projection for the growth of the Peruvian economy for 2024 at 2.5%. It is worth noting that at the beginning of the year they […]
GDP would have grown by up to 5% in May, according to the MEF
Fishing activity varied 320% year-on-year and partly explains the auspicious outlook for economic recovery, Produce added. Join the Whatsapp channel Following GDP growth of 5.3% in April, theThe Ministry of Economy and Finance (MEF) He hopes that in May the data will continue along this path. “The economy has performed well, so we could end […]
GDP rebounded 5.28% in April due to Easter and fishing
The Peruvian economy broke all forecasts—including those of the Peruvian Government—and recorded a growth of 5.28% in April, due to a strong recovery in the fishing and agricultural sectors, in addition to two more days of productive activity in the absence of the Easter holidays, which were scheduled this year in March. This is the […]
Peruvian GDP fell 0.28% in March: its lowest level so far this year
In March, the Peruvian GDP registered a contraction of 0.28%, according to the National Institute of Statistics and Informatics (INEI). The rate is 0.09% less than in the same month of 2023. The result is explained by the fall in sectors such as fishing (-32.48%), manufacturing (-9.63%), construction (-2.48%), telecommunications and other information services (-0.93%) […]
MEF updates the GDP projection in 2024 to 3.1%, but will break the fiscal rules
The Ministry of Economy and Finance (MEF) updated the growth projection of the Peruvian economy for this year to 3.1%, from the 3% forecast in the Multiannual Macroeconomic Framework 2024-2027, published in August 2023. At the end of the first quarter of 2024, the MEF’s Macroeconomic Projections Update Report (IAPM) attributes this development in GDP […]