Peru's gross domestic product (GDP)
will expand above potential in 2019, Central Reserve Bank's (BCR) Economic Studies Central Manager Adrian estimates.
It should be noted potential GDP enables growth without inflation
The BCR estimates that the product gap stood at 0.6 percentage points of last year's potential GDP and for this year projects a range between 0.3% and 0.6%.
Some of the business expectation indicators
for the next three months improved in January 2019 but all of them remained in optimistic territory, due to the economy's recovery in the fourth quarter of last year, Central Reserve Bank's (BCR) latest monthly survey revealed.
Likewise, most current situation indicators improved compared to the previous month.
"This (the economic recovery in the fourth quarter of 2018) has resulted in favorable business expectations," Armas expressed.