Andina

Peru: Presidency highlights BCR's new economic growth forecast

Photo: Courtesy

Photo: Courtesy

18:00 | Lima, Mar. 24.

The Presidency of the Republic on Monday stressed the new economic growth forecast issued by the Central Reserve Bank (BCR), which was raised from 3% to 3.2%.

"This adjustment is due to the increased dynamism in sectors such as construction and services," the Government Palace stated via X.

Similarly, the Presidential Office underscored that this rebound would be driven by a 6.5% increase in public investment and a 3.1% rise in private consumption.

The post added that these figures reflect greater confidence among Peruvians to spend, which would contribute to boosting the economy.

"These factors point to economic growth consolidation, highlighting the importance of maintaining stability and confidence in the country's development," it noted.



(END) MCA/CVC/MVB

Published: 3/24/2025