LatAm Daily | Rebound in May’s GDP growth in Peru

Summary

In Peru, economic activity grew by 4.9% YoY in May due to a strong performance from extractive activities. We expect output growth to ease to between 3.0% and 3.5 % in June. In Colombia, private consumption confirms that it is slowing down, although the intensity is erratic; industrial production maintained a gradual recovery, only limited by a calendar effect in May.

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