Peru

Peru's economy expanded at a rate of 9.0% in 2007, the highest level in 13 years, helped by a booming construction sector. According to the National Statistics Institute the construction... 2008-03-07

Peru's current account surplus declined to US$1.5bn in 2007, from US$2.6bn a year earlier, as the country's trade surplus declined by 6.5% on the back of rising import growth of 32%.... 2008-03-07

Supply shocks and rising import costs continue to push Peruvian inflation higher. While we expect consumer price inflation to moderate towards the end of the year, we caution that... 2008-03-03

Consumer prices climbed 4.2% y-o-y, up from 3.9% in December. Rising at a rate of 0.54% m-o-m and 6.4% y-o-y, food prices, which make up 50% of Peru's consumer price basket, continue... 2008-02-07

Despite the economic progress made under Alan García, the Peruvian president is failing to secure popular support. According to a recent poll published in El Comercio, 32% of respondents... 2008-02-07

Peruvian President Alan García reshuffled his cabinet in December for the first time since coming to power in July 2006. García replaced six of his 15 cabinet ministers, with the... 2008-01-11

BMI View: That former president Alberto Fujimori is now standing trial in Peru after seven years in exile is set to heighten social and political tensions in Peru. Combined with... 2007-12-11

While a number of Latin American currencies sold off last week, the Peruvian sol was relatively unaffected, lending support to our view of long-term appreciation for the unit.

The passing of the free trade agreement (FTA) with the US on November 8 was met with a huge national protest by Confederación General de Trabajadores de Perú (CGTP), the country's... 2007-11-30

The Peruvian sol has experienced rapid appreciation since the beginning of the year, rising from PEN3.1940/US$ to its current level of PEN2.9960/US$. The currency's rally accelerated... 2007-11-21