BCR: Peru's economy to accelerate in 4Q 2018

Peruvian economy will accelerate in the fourth quarter of 2018, Central Reserve Bank (BCR) affirmed.
Published: 9/15/2018
According to Economic Studies Department Manager Jorge Estrella, GDP growth will be higher in the fourth quarter compared to the previous one.
"For that reason, the Central Bank maintains its 4% expansion projection for 2018," the official expressed.
The lower dynamism recorded in June and July was temporary and linked to primary sectors' deceleration, the official explained.
"We will see a recovery of the primary sectors in the fourth quarter, both of the fishery sector —due to a second fishing season— as well as of the mining and hydrocarbons (segment)," he indicated.
With regard to the mining sphere, the third quarter registered a contraction due to a price effect caused by the trade war.
However, a higher production is expected in the last three months of 2018.
"(…) Antamina has projected an output increase of 5%, which is joined by the announcements of Quellaveco and Mina Justa projects," Estrella concluded.
(END) DTK/MVB
Published: 9/15/2018
Most read
-
Guerra de bancos 2025: conoce las mejores tasas para tus depósitos a plazos
-
Conoce los 20 principales proyectos que le cambiarán la cara al Perú
-
¡Andares inolvidables! Siete lugares y rutas ideales de Perú para practicar senderismo
-
Gratificación 2025: ¿Soles o dólares? 4 claves para decidir en qué moneda ahorrar
-
Adrenalina en el paraíso: ¿Qué escenarios ideales ofrece Perú para el turismo de aventura?
-
Fiestas Patrias: ¿Qué áreas naturales protegidas pueden visitarse con la promoción 2x1?
-
Minedu formará en Python a 1.000 escolares de Lima con certificación global
-
Accidente en Tarma: Dirección Regional de Salud confirma 18 muertos y 24 heridos
-
Concesionaria Vial del Centro se adjudicó proyecto carretera Longitudinal de la Sierra
-
Fiestas Patrias: ¿Qué atractivos de la sierra limeña puedes disfrutar en feriado largo?