Peru's Central Reserve Bank (BCR) Governor Julio Velarde has affirmed the national economy might have registered an acceleration of growth in May and
, which may continue during the second half of the current year.
"May's GDP will still be a little weak, but it will be higher than the one in April, and
June's GDP will be somehow higher than the one in May," the official expressed.
Last April, the Inca country's GDP increased 0.02%, one of the lowest growth rates in recent months.
Likewise, he informed BCR's concrete forecasts will be published in the July 2019 Inflation Report.
Leading indicators
This week, the National Institute of Statistics and Informatics (INEI) reported some leading indicators of May.
According to INEI, the electricity sub-sector rose 4.37% in the fifth month of this year, compared to the same month in 2018.
Remarks were made after the presentation of the 9th One Sol coin (S/1.00) of the "Threatened Wildlife in Peru" Numismatic Series allusive to the Andean mountain cat.
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