Saturday , October 16 2021

The central bank of Peru argues that the economy will grow by more than 4% in the last quarter of the year | AmericaEconomy



Lima.- Central Central Bank Bank (BCR) Economic Studies Manager, Adrián Armas, confirmed that the economy will register growth of more than 4% in the last quarter of the year.

Recovery signs. "After October, there were interesting signs of recovery, especially on the side of the largest representative production indicators," Arms noted.

Adrián Armas explained that, in October, there was an important evolution in sectors such as electricity, whose expansion is 5.5%, as well as a 5% increase in cement use.

In addition, 25.5% public investment grew last October (according to BCR figures), following a 10.4% reduction in September.

"In the third quarter we saw a slowdown in economic activity, and in October, we see the first month where there is already a recovery," Weapons were noted.

Rhythm would continue. "We hope this recovery rate will also be reflected in 2019.

It should be noted that Peru is the economy with the second highest growth rate in Latin America, but when leaving goods from a set, it brings the economy with & # 39; The highest growth rate in relation to peers in the region, "he said.

Inflation in the target range. In terms of the year on year inflation rate, Warriors expressed confidence that it will remain within the target range of 2%.

"The board believes it is appropriate to keep a financial policy extensively as long as the expectations of inflation continue anchor," he said.


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