Analysis by Region - Emerging Markets - Argentina

Analysis by Region - Emerging Markets - Argentina

Due to the severe social unrest in Peru dampening economic activity in Q4 2022 and slowing the carry-over for the beginning of next, we have downgraded our 2023 GDP forecast by 0.2ppts to 2.7%. So far, protests are estimated to have cost about 0.2% of GDP. The most recent political turmoil ended with President Castillo being ousted by Congress after a failed attempt to lead a coup d'etat. This has increased uncertainty surrounding Peru's governability.

Peru: Political turmoil will drag on the economy next year
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and Politics

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