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October 15, 2021

Peru | Economic activity continued to show an interesting performance in August

Economic activity grew 11.8% year-on-year in August, still a high rate due to a low comparison base. A comparison of the 2021 figures with those of 2019 (pre-health-crisis situation) shows that activity grew 1.6% in August (July: 0.4%)
  • Geography Tags
  • Peru

September 16, 2021

Peru | In July, economic activity continued to show an interesting performance

Economic activity grew 12.9% year-on-year in July, a still high rate due to a low comparison base. In an analysis that compares the GDP figures for 2021 with those for 2019 (a pre-health crisis situation), what is observed is that in July of this year, activity grew 0.4% (June: 1.1%).
  • Geography Tags
  • Peru

August 17, 2021

Peru | Activity and employment continued to normalize in June

Economic activity grew 23.5% YoY in June, still a high rate due to a low base of comparison. In an analysis comparing GDP figures of 2021 with those of 2019 (a pre-health crisis situation), we observe that in June activity grew 1.1%.

July 16, 2021

Peru | GDP rebound exceeds expectations in May

Economic activity grew 47.8% YoY in May, a very positive surprise (Bloomberg consensus: 42.4%). It is worth mentioning that, as has been the case in recent months, this figure hides a low YoY comparison base due to the fact that isolation measures were in force in May 2020.
  • Geography Tags
  • Peru

June 30, 2021

Spain | La Rioja Economic Outlook 2021

The economy of La Rioja may have shrunk by 10.2% in 2020, and may grow 5.1% in 2021 and 6.5% in 2022. Public policies and the lower weight of social consumption softened the impact of COVID-19. Consumption and investment will start to push the economy, with risks. European funds shall boost growth especially through 2022.

June 23, 2020

Uruguay | Labor Market: what we can expect (and do) once the coronavirus is gone

Unemployment in Uruguay reached 10.1% in March, reflecting the effect of measures implemented to contain the outbreak of the coronavirus, in a poorly performing labour market. We expect the unemployment rate to rise to 14.2% this quarter. What are the challenges for the labor market in the wake of the pandemic?

April 21, 2020

Spain Economic Outlook. Second quarter 2020

The Spanish economy has entered into recession as a result of the extraordinary measures put in place to stop the spread of the Covid-19 pandemic. This crisis, however, is expected to be temporary. The activity is expected to grow again from the second half of the year.

March 10, 2020

Canarias Economic Outlook 2020

After growing 2.4% in 2018, the economy of Canarias could have grown by 1.5% in 2019. It will advance by 1.1% in 2020 and 1.8% in 2021, reducing the unemployment rate to 19.3% in 2021. This would lead to the creation of 38,000 jobs in the biennium, but the risks are down