
Analysis by Region - Latin America - Peru
Description
Analysis by Region - Latin America - Peru
We downgraded our 2022 GDP growth forecast for Peru by 0.5ppt to 2.2% as less expansive fiscal policies and higher interest rates will slow the economy. While GDP grew by a decent 0.9% q/q in Q1, prospects for Q2 were cut to -0.8% q/q due to social unrest including a truckers' strike that is hitting mining production and services. In 2023, we expect GDP to grow by 3.7%.
We downgraded our 2022 GDP growth forecast for Peru by 0.5ppt to 2.2% as less expansive fiscal policies and higher interest rates will slow the economy. While GDP grew by a decent 0.9% q/q in Q1, prospects for Q2 were cut to -0.8% q/q due to social unrest including a truckers' strike that is hitting mining production and services. In 2023, we expect GDP to grow by 3.7%.
Table of Contents
6 Pages
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.