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Economy / Peru

Macroeconomic Forecast Peru

July 2008 | Macroeconomic Forecasts

Peru's merchandise trade surplus is shrinking, dropping by 18.8% y-o-y in the first five months of 2008 to US$2.3bn, down from US$2.8bn during the same period in 2007. A spike in year-to-date import growth is the main reason for the narrowing of Peru's trade surplus, climbing by 53.4% y-o-y, compared to 24.6% during the same period a year earlier.

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