Peru's economic activity may have expanded around 3% in June 2019. Thus, GDP rose about 1.3% in the second quarter of this year compared to the similar period in 2018, Banco de Credito's (BCP) Department of Economic Studies has informed.
Furthermore, the Macroeconomic and Market Weekly Report indicated Peruvian economy might rise a little over 4% in the second half of 2019 in order to reach a 3% growth forecast for this year.
The weak dynamism in the first half was due to the fall within primary sectors and lower public expenditure. These factors will fade in the upcoming months, it added.