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June 15, 2022

Peru | GDP grew 3.7% year-on-year in April, but signs of slowdown get stronger

After growing 3.8% year-on-year in March, economic activity advanced 3.7% in April, despite the strict confinement that took place in the city of Lima. The expansion of the non-primary component stood out (5.1%). On the other hand, the primary component of GDP, more linked to extractive activities, contracted by 1.3%.
  • Geography Tags
  • Peru

April 8, 2022

China Economic Outlook. Second Quarter 2022

China’s domestic uncertainties particularly the Covid-19 situation dominate external uncertainties as the main risks for growth. Two Sessions sets growth target at 5.5% and promulgated the stimulus package for 2022 to support growth which is unsynchronized with main central banks’ tightening measures.

April 7, 2022

Spain Economic Outlook. Second Quarter 2022

GDP growth in Spain is revised downwards to 4.1% in 2022 and 3.3% in 2023. The main reasons are the Ukraine's invasion, the sanctions imposed on the Russian economy and the increase in prices, especially energy related, over the last few months.

April 6, 2022

Colombia Economic Outlook. Second quarter 2022

The Colombian economy will continue to show resilience in a context of greater global uncertainty, more contractionary monetary policies and strong upward pressures on inflation. We expect the economy to grow 4.5% in 2022 and 2.5% in 2023, driven by domestic demand and exports.

January 25, 2022

Peru Economic Outlook. First quarter 2022

After a 13.1% rebound in 2021, this year the economy will grow 2.3% in a context of sustained confidence weakness, withdrawal of economic stimuli and lesser external tailwinds, despite the progress in vaccination and the beginning of operations of new copper mines. For 2023, we expect a 3,0% expansion.

January 17, 2022

Peru | Social conflicts had an impact on economic activity in november

Economic activity grew 3.5% year-on-year in November. In an analysis comparing GDP figures for 2021 with those for 2019 (pre-health crisis situation), activity expanded 1.3% (October: 1.2%).

January 17, 2022

China | Unsynchronized business cycle calls for unsynchronized policy cycle

2021 Q4 GDP outturn together with December real economic indicators again confirmed the growth slowdown, calling for more easing measures in 2022.

December 10, 2021

Peru | More moderate hikes looking forward?

The Board of the Central Bank decided to increase the monetary policy rate from 2,00% to 2,50% in December. The Bank pointed out at the deterioration of expectations of domestic activity and a slower recovery of global activity, which could imply some moderation looking forward.
  • Geography Tags
  • Peru