Moderation Times

PERU - Forecast 19 Dec 2013 by Roberto Abusada and Fritz Du Bois (Peru)
Executive Summary Amid a less favorable international environment, and louder political noise, the Peruvian economy slowed mildly this year. The two main culprits were a decline in exports, and dwindling private investment growth. We expect GDP to grow 5% in 2013, or 1.5 pp below the robust average growth rate of the past 10 years. Though inflation was driven up by H1 supply shocks, we’ve seen monthly rates plummet. We expect the headline number to come in at marginally lower than the 3%, the upper boundary of the Central Bank’s target range, currency devaluation notwithstanding. The CAD, r...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This forecast is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This forecast is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this forecast or its contents.