Peru
Economy
BMI View: Consumer price inflation has remained anchored at 4.2% y-o-y since the start of 2012, but we expect prices to cool as we head into the second half of the year. While our...
2012-05-04Economy
Following recent headlines of increased insecurity in Peru's coca-growing Apurimac and Ene river area, President Ollanta Humala came out and officially recognized that 'terrorist groups'...
2012-05-04Economy
Peruvian President Ollanta Humala's goal of pushing ahead with the controversial Conga mining project, in the country's northeastern Cajamarca region, received a boost in mid-March,...
2012-03-27Economy
BMI View: Peru's foreign reserve levels have risen rapidly since the start of 2012, up from US$48.8bn at end-2011 to US$53.3bn by the end of February this year. The US$2.5bn increase...
2012-03-27Economy
Denver-based gold mining corporation Newmont Mining has stated it is confident that the Peruvian Government will accept its US$4.8bn Conga project, after it re-evaluates the environmental...
2012-03-02Economy
BMI View: Peruvian real GDP growth came in at 6.9% in 2011, only slightly above our own 6.7% estimate, but in line with our view that the country's domestic demand story remains...
2012-03-02Economy
Following President Ollanta Humala's election in 2011 we argued that following an initial honeymoon period, the problems of trying to please his diverse support base would become increasingly...
2012-02-03Economy
BMI View: Inflation came in at 4.7% in 2011 in Peru according to recently released data by the country's central bank, which was higher than our 3.3% estimate for 2011. Inflation came...
2012-01-06Economy
The resuming of protests on January 2 opposing the US$4.8bn Conga project in Cajamarca by environmental activists indicate that the social conflict with the mining sector has not yet...
2012-01-05Economy
The recent sell-off of the Peruvian sol over global macro headwinds, resulted in the currency reaching a three-months low on September 22th of PEN2.783US$ but the unit has since pared...
2011-09-30



