Peru’s central bank forecasts a 4% economic growth for January, aligning with analyst expectations. The country is recovering from a recession in 2023 and recorded 3.3% growth last year, with projections for 4% growth by the end of 2025.
The central bank of Peru predicts a 4% growth for the country’s economy in January, as stated by chief economist Adrian Armas during a recent call. This forecast aligns well with analysts’ projections and comes just ahead of the government’s imminent publication of monthly economic data.
Peru’s economy has been recovering from a recession in 2023, when it experienced a contraction of 0.4%. Subsequently, the economy grew by 3.3% last year. Moving forward, the government anticipates an economic forecast of approximately 4% growth by the end of 2025.
In summary, Peru’s economy shows promising signs of recovery with a projected 4% growth in January. This growth follows a recession in 2023 and a subsequent increase of 3.3% last year. With continued positive forecasts, the central bank and government expect the economy to maintain momentum through 2025.
Original Source: www.tradingview.com
