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June 15, 2021

Peru | Strong statistical rebound in GDP in April, but below expectations

Output grew 58.5% YoY in April, lower than expected by the market consensus (60%). This result hides a low year-on-year comparison base due isolation measures were in force in April 2020.
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June 11, 2021

Peru | Central Bank keeps rate unchanged, but less dovish looking forward

The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in June. The Bank will maintain a strongly expansive stance but removed mention of it being for a prolonged period.
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June 7, 2021

Global | The COVID-19 impact on Consumption in Real Time and High Definition: June 7th

The consumption growth rates in May were lower across all countries except Mexico due to the Covid-19 impact starting to improve in May 2020.

June 1, 2021

Peru | Inflation rebounded in May after food price hike

The Lima Consumer Price Index (CPI) rose 0.27% MoM in May (-0.10% in April) due to higher food prices. Inflation in year-on-year terms was 2.4%.
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May 27, 2021

Peru | Real-time analysis of the impact of COVID-19 on consumption (up to May 24)

In May, total card consumption grew 51% in real terms, compared to the same month of 2019. In addition, the share of the on-line channel in total purchases was 41%, while spending on food, health and household goods and services continues to show a strong expansion.
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May 18, 2021

Peru | Positive GDP surprise in March

Output grew 18.2% YoY in March, higher than expected by the market consensus (15.8%). This result hides a low year-on-year comparison base, since isolation measures were introduced in March 2020 and they were much tighter than the current ones.

May 14, 2021

Peru | Central Bank will maintain strongly expansive policy stance for a prolonged period

The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in May. The Bank renewed its commitment to maintain a strongly expansive stance for a prolonged period and reaffirmed its message of absence of inflationary pressures.
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May 7, 2021

Global | The COVID-19 impact on Consumption in Real Time and High Definition: May 7th

The consumption acceleration continued during April across all countries and sectors, reaching its highest peak with respect to last year lockdowns.