reported that Peru's economy might have registered a favorable performance in the first month of this year.
"Regarding the economic figures, January has been a good month," Arista said without delving into details during a press conference held at the Ministry of Energy and Mines in Lima on Wednesday.
In his opinion, the figures might be the result of a rebound effect.
As is known, Peru's Gross Domestic Product (GDP) in January 2023 registered a decline of more than 1%.
"There is always the counterargument that suddenly we have done alright because of the rebound, which possibly has a lot of truth in it. I still don't know about February," he remarked.
In that sense, the Cabinet member specified that the official results will be disclosed at the end of 2024's first quarter, with advance figures from March.
"At the end of March, we would be giving reports on the achievements, especially for the first quarter with some advance figures," he said.
Estimates from financial entities such as BBVA, Banco de Credito del Peru (BCP), Scotiabank, Fitch Ratings, the Peruvian Institute of Economics (IPE), and the Central Reserve Bank (BCR) suggest that Peru's GDP growth might stand above 2% in 2024.