Economy & Business - October 2023

PERU: Growth forecast slashed

In its September macroeconomic report, Peru’s central bank (BCRP) lowered its forecast for GDP growth for 2023 from 2.2% to 0.9%, although it maintained the projection of 3.0% GDP growth for 2024. Among the reasons cited for the lowered forecast for this year are supply shocks, low levels of business confidence, and challenging climatic conditions that are expected to negatively impact agricultural production for the remainder of the year.

End of preview - This article contains approximately 565 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.