, privately-run banking institution Banco de Credito (BCP) has projected.
This growth will be affected by a drop in subnational public investment
, but an economic benefit will be generated by the two additional working days (Holy Week holidays: April 18 and 19 this year vs. March 29 and 30 last year).
According to the Macroeconomic and Market Weekly Report, BCP's Economic Studies Department projects 2019 growth at 3.7% since August 2018.
As is known, the economic activity's monthly indicator expanded 5.3% in November 2018, the highest rate in six month, and surpassed —again— the figure expected by the market (Bloomberg consensus: 4.7%).