Peru

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... 2008-07-31

Strikes at several Peruvian mines have been suspended following a ruling by the labour ministry on July 2 that the nationwide mining strikes were illegal. This provided employers... 2008-07-04

Consumer price inflation came in at a 9½-year high of 5.7% y-o-y in June, marking a rapid deterioration from just 3.9% last December. A weaker currency and the rise in global raw... 2008-07-04

Mining output in Peru remains at high risk of significant disruptions over the coming months on the back of planned strikes by mine workers, which include 28,000 employees and 70... 2008-06-09

Peru's current account slipped into a US$655mn deficit in the first quarter of the year, on the back of a rising import bill, which reached US$6.3bn during the same period (a 56%... 2008-06-09

Inflation continues to rise in Peru, which in our view will prompt the central bank into action over the coming months. We forecast two 25bps interest rate hikes this year, taking... 2008-06-06

Peruvian government officials have been holding talks with union leaders in an attempt to prevent scheduled mining strikes from taking place. Union leaders have been calling for strikes... 2008-05-09