Close panel

  • Home
  • Publications
  • Who we are
  • Big Data
  • Forecasts
    Searcher

    Peru

    BBVA Research Publications

    Peru latest publications

    More recent Most read

    Sort our publications chronologically from newest to oldest, regardless of geography and/or topic matter.

    Sort publications according to the number of time reads by our users, regardless of geography and/or topic matter.

    March 18, 2025

    Peru Economic Outlook. March 2025

    The Peruvian economy will grow 3.1% in 2025, 0.4 percentage points more than forecast in December. This change primarily reflects higher expected growth in the US and China and earlier and increased investment flows into some mining and infrastructure projects. Growth is projected to remain at 2.7% for 2026.

    March 17, 2025

    Peru | Dynamic activity continued in January

    GDP grew 4.1% year-on-year in January. By productive sector, the primary component stood out (up 4.4%) due to the strong expansion of the fishing sector and the resulting expansion of primary manufacturing. The non-primary component grew 3.2%.

    March 14, 2025

    Peru | The monetary pause is extended due to increased uncertainty over trade policies

    In its March meeting, the Board of the Central Bank decided to keep the policy rate at 4.75%. The monetary policy stance, understood as the real ex-ante reference rate, remains slightly above neutral.

    March 3, 2025

    Peru | Inflation decreases in February, despite the impact of weather factors

    The consumer price index increased 0.19% m/m in February affected by adverse weather conditions (they negatively impacted the normal supply of some foods) and the greater demand for transportation due to carnivals. On the contrary, the decrease in electricity rates attenuated the advance of the CPI.

    February 14, 2025

    Peru | Monetary pause in February, in line with market consensus

    The Board of Directors of the Central Bank decided to maintain the reference interest rate at 4.75% in February. The monetary policy position thus remains somewhat restrictive.

    February 3, 2025

    Peru | The price level begins the year with a decline and surprises the market

    The consumer price index contracted 0.09% m/m in January. The result for the month is mainly explained by the seasonal normalization after the end of the year holidays (price of poultry products and transportation rates). The interannual inflation rate was 1.9% in January.