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Peru: 2018 private investment forecast up to 6.5%

COP20 Centro Financiero Lima San Isidro Surco

15:06 | Lima, Dec. 15.

Peruvian Central Reserve Bank (BCR) Governor Julio Velarde on Friday revised his 2018 private investment growth forecast upwards to 6.5%.

This way, Velarde upgraded the previous 5.3% estimate during the presentation of BCR's December 2017 Inflation Report.

The BCR head also projected a 12.5% rise in public investment for 2018.

Velarde expects both public and private investment to boost domestic demand by 4.4% in the coming year.

(END) MMG/MVB

Published: 12/15/2017