Peruvian economy may have accelerated last July, thus achieving a higher expansion rate than in June (1.98%), Deputy Economy Minister Hugo Perea projected on Thursday.
"Indicators are still preliminary, but we believe July's GDP may have been higher than June's," he expressed at
Peru CFO Summit.
Even though the base effect will diminish, economic trends will remain positive, Perea forecasted.
"Although June's figures were lower than expected, we still believe the economy will
close around 4% this year," he stressed.
GDP in June
Citizens should not overreact to June's figures since it represents just one month and tends to be more vulnerable to volatility, the official commented.
"(…) we should remain calm when there's a positive result or a lower-than-expected one," he added.
(END) RGP/RGP/DTK/MVB