Searcher
Hugo Perea
Hugo Perea
Chief Economist
Peru

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

At the beginning of August, the card-consumption indicator remains positive, sustained by spending on home goods and services.
After a significant initial acceleration, BBVA Research's consumption indicator has shown a tendency to moderate in the last week of July.
Isolation measures imposed in order to contain the propagation of the coronavirus are having a strong impact on GDP. In this context, we expect it to contract this year between -18% and -12%, with a rebound between 6,5% and 10,5% in 2021 that will, however, be insufficient to reach the level of activity observed in 2019.