Hugo Perea
Hugo Perea
Chief Economist

Hugo Perea is an economist with a MSc degree in Economics by the London School of Economics, UK. Hugo has also attended several courses and seminars at international institutions as the IMF, the World Bank and the Federal Reserve.

He joined BBVA Group in May 2004, and currently he is the Chief Economist at Peru for BBVA Research. Before joining BBVA, Hugo worked at the Central Bank of Peru for more than 11 years, and there he was the Head of the Departments of Analysis and Financial Programming and of Econometric Models, areas directly involved with the monetary policy design. Also, as part of his experience in the public sector, Hugo was a member of the Board of the Tax Administration Service from 2011 to 2014.

On the academic side, Hugo teaches courses on Macroeconomics, Monetary Theory and Financial Crises in the most important Peruvian universities and has published papers on these subjects.

Latest publications

In the era of the mass media, disinformation has become a factor that can cause destabilization, confusion, polarization, and harm to society.
BBVA Research's big data consumption index for Peru (inflation-adjusted spending with cards and cash withdrawals) slowed down in December to 3.8% (November: 8.9%). In 2022 as a whole, the index registered growth of 8.4% (26.4% in 2021).
The economy will grow 2.7% in 2022, an upward revision. In 2023 the expansion will be 2.5% given lower global growth, high interest rates and lower public investment. On the other hand, Quellaveco will reach its operational capacity and tourism will normalize. This will reverse in 2024 and activity will grow 2.4%.