Peru | The cyclical slowdown is not over yet…

Summary

Output growth reached 1,7 %YoY in January. On the bright side, Mining shows signs of recovery. However, activities more related to the trend component of GDP are failing to take off and they are even slowing down. This can negatively affect entrepreneurs’ and consumers’ optimism in a context in which it has already deteriorated, feeding back output’s cyclical weakness.

Geographies

Topics