Scotiabank's Department of Economic Studies estimates Peru's domestic demand will increase by about 3.5% in the first quarter of the year, driven by private investment.
"We expect domestic demand growth will continue to outpace the GDP growth rate during the third quarter of 2018," the financial entity underlined.
Investments in infrastructure —works like Lima Metro Line 2 and Pisco Port modernization— tourism, real estate, and retail
sectors stand out in the non-mining activity.
Likewise, the bank predicts a steady positive evolution in public investment
, mainly in Lima 2019 Pan American Games-related projects.