Peru Economic Activity

Peru

Peru: Economic activity decelerates in August

October 19, 2012

In August, economic activity expanded 6.3% over the same month last year, which represents a deceleration compared to the 7.2% expansion observed in July. Moreover, the reading undershot market expectations of a 6.6% expansion and marked, in fact, the slowest pace since April. According to the statistical institute, growth in the construction sector as well as in services was the main driver behind the monthly increase. A month-on-month comparison confirms the slowdown suggested by the annual data, as economic activity expanded a seasonally adjusted 0.22% in August, which came in below the 0.65% increase recorded in July. As a result of the weaker annual expansion, the trend pointed downwards, with annual average growth in economic activity inching down from 6.1% in July to 6.0% in August.


Author:, Senior Economist

Sample Report

Looking for forecasts related to Economic Activity in Peru? Download a sample report now.

Download




Peru Economic News

  • Peru: Economic activity growth picks up in February

    April 15, 2019

    Economic activity expanded 2.1% year-on-year in February, picking up some pace from January’s subdued 1.6% increase, which had marked the weakest reading in over one year.

    Read more

  • Peru: Central Bank stands pat at March meeting

    April 12, 2019

    At its monetary policy meeting on 11 April, the Central Bank of Peru (BCRP) kept the policy interest rate unchanged at an eight-year low of 2.75%, matching market expectations.

    Read more

  • Peru: Consumer confidence plummets in March

    April 6, 2019

    The consumer confidence indicator published by GfK tumbled to 94 in March from 104 in February, which had marked the best result in over two years.

    Read more

  • Peru: Trade surplus narrows further in February on dwindling exports

    April 5, 2019

    Peru’s trade balance recorded a USD 326 million surplus in February, narrowing from January’s USD 449 million surplus and also lower than the USD 552 million surplus recorded in the same month of last year. Exports declined 3.8% year-on-year in February, due to a drop in prices, following January’s sharper 4.1% fall.

    Read more

  • Peru: Businesses grow more optimistic in March

    April 5, 2019

    The business confidence indicator rose from February’s 58.5 to 59.6 in March, and thus moved further above the 50-point threshold that separates optimism from pessimism, where it has been for almost two years. March’s improvement came chiefly on the back of better prospects on the general economic situation, as well as on demand prospects.

    Read more

More news

Search form