Andina

MEF: Peru's economy will continue to grow in coming months

Photo: Courtesy

Photo: Courtesy

18:32 | Lima, Oct. 15.

The Peruvian economy will continue to grow in the coming months, consolidating its recovery process, the Ministry of Economy and Finance (MEF) forecast on Tuesday.

"In the coming months, GDP will continue to grow, which is reflected in the favorable results of the economic activity’s leading indicators," the government agency pointed out.

For example, the MEF indicated that electricity production grew 1.9% as of October 10, after increasing by 2.1% in September.

Similarly, the ministry noted that imports of capital goods grew by 11.6% in September (they rose by 11.3% in August), marking six consecutive months of growth.

"Sales through electronic payment vouchers grew by 13.7% in September (they rose 8.2% last August), accumulating six consecutive months of growth," it indicated.

The ministry indicated that BBVA's consumer big data index grew by 6.4% in September 2024 (it increased by 11.3% last August), registering a positive rate for 10 consecutive months.

The MEF stressed that, in line with the dynamics of the economy, business expectations for 3 and 12 months remain optimistic.

"In this context, the Government will continue implementing measures to consolidate economic recovery, prioritizing policies consistent with macroeconomic stability and fiscal sustainability, ensuring a favorable environment to attract new investments and generate more opportunities for sustainable growth," it pointed out.

(END) NDP/MVB

Publicado: 15/10/2024