Peru released monthly GDP data for December this afternoon which suggest that output increased by 9% last year. With the economy carrying plenty of momentum we are revising up our forecast and now expect it to grow by 7% this year (6% previously). Currency concerns mean that interest rate hikes may be stop-start this year, but they will probably be accompanied by other forms of monetary tightening.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services