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January 27, 2020

Peru | Financial health shapes consumer welfare

The ability to cope with financial shocks from one's own resources is called financial vulnerability. It is measured as the period of time that individuals can survive by covering their needs if they lose their main source of income and without using credit.

January 23, 2020

Peru Economic Outlook. First quarter 2020

We expect output to grow by 3,1% in 2020, a forecast which is similar to the one we made in October, while in 2021 economic activity would grow by 3,5%. The main drivers will be the normalisation of primary activities (mining) and public spending, to which a stronger private spending will be added next year.
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January 7, 2020

Peru | Mining sector: recent evolution and short-term outlook

We estimate that in 2020 mining production will perform better, giving an important support to GDP growth. We also anticipate that mining investment will exhibit a more moderate increase due to the completion of some projects (mainly copper) already underway.
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December 10, 2019

Peru | Retail Outlook 2019

We estimate that retail sales' growth rate in 2020 will be similar to that of this year. Looking forward, factors such as the demographic boon, higher household purchasing power and the continued growth of online shopping, suggest that retail sales have space to continue growing.
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November 25, 2019

Peru | How can I improve my financial health?

Financial Health is a condition in which people can fully meet their current financial obligations, feel secure about their financial future and are able to make decisions that allow them to enjoy life.

November 8, 2019

Peru’s Central Bank surprises expanding monetary stimulus in November

After a two-month pause, the Board of the Central Reserve Bank of Peru (BCRP) decided to cut the monetary policy rate by 25 basis points in November, from 2,50% to 2,25%.
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October 22, 2019

Peru Economic Outlook. Fourth quarter 2019

We forecast a GDP expansion of 2,5% in 2019, similar to our August forecast. For 2020 we anticipate GDP will grow 3,1% thanks to the normalization of primary activities (mining) and a stronger push from public spending.
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October 10, 2019

Venezuelan Immigration to Peru: characteristics and macroeconomic impacts

Venezuelan immigrants to Peru over the last three years (more than 800,000, equivalent to 2.4% of the Peruvian population) have had non-negligible impacts on aggregate demand and potential GDP.
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