Hugo Vega

Senior Economist

Lima

Hugo Vega is currently a Senior Economist from the BBVA Research Peru Unit. He is part of a team devoted to macroanalysis of the Peruvian economy. He is also a professor and teaches the Master’s Degree in Economics at the Pontifical Catholic University of Peru and the Faculty of Economics of the University of Piura.

Prior to this, he was an Assistant Manager of Investment Strategy at AFP Integra and he has also worked within the Management of Economic Studies at the Central Reserve Bank of Peru, where he led the Monetary Programme.

Hugo has a PhD in Economics from the London School of Economics and Political Science (London, UK). He has published a number of papers on macroeconomic issues such as monetary policy, macroprudential tools, financial friction.

Latest publications

June 1, 2023

Peru | High base of comparison begins to gain importance in reducing inflation

Inflation increased 0.32% MoM in May. This was due to the rise in the prices of some foods and restaurants, moderated by the fall in electricity tariffs and fuel prices and the normalisation of transportation costs.

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May 15, 2023

Peru | After two months of decline, GDP grew in March, albeit very weakly

GDP grew 0.2% YoY in March. Primary GDP grew 8.5%, particulary the mining sector, supported by Metal Mining production. The non-primary component of GDP, however, remained negative in March. This occurred in a context of adverse weather conditions.

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May 2, 2023

Peru | Year-on-year inflation falls, but less than expected

Inflation increased 0.56% monthly in April. This was due to the rise in the prices of some foods and restaurants, to which was added the seasonal increase in interprovincial land and air transport tickets due to the long Easter holiday.

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