Peru
Economy
Domestic demand will remain strong this year despite political uncertainty, expanding by a firm 4.7% y-o-y. Indeed, surveys of consumer confidence and business sentiment suggest a...
2006-05-18Economy
Peru's central bank has raised its reference rate to 4.25%. The move was not unexpected given the clear need to increase rates to mitigate the currency volatility resulting from the...
2006-04-19Political Risk
With 82.6% of the votes counted at the time of going to press, Humala of the Unión por el Peru (UPP), had won 26.38% of the vote, according to the Oficina Nacional de Procesos Electorales...
2006-04-13Economy
Peru's trade surplus slipped slightly in January, to US$337.3mn, from US$343.1mn in January 2005. The lower surplus was due to an 18.1% y-o-y increase in imports, as consumer demand...
2006-03-20Economy
There have now been over 100 confirmed human cases of bird flu (Avian H5N1), with 51% of these resulting in death. The World Health Organisation (WHO) has warned that this virus has...
2006-03-15Economy
Inflation in January came in higher than expected, at 0.50% m-o-m, up significantly on last January's 0.10% number and higher, in fact, than all the previous ten months' price rises...
2006-02-20Economy
Peru’s electoral board has ruled that former President Alberto Fujimori will not be able to stand as a candidate in April’s presidential elections. The former strongman is banned...
2006-01-24Economy
The central bank raised interest rates by 25bps to 3.50% in a bid to stabilise the shaky sol. However, since the central bank hiked rates on December 1, the sol has fallen by 0.9%...
2006-01-24Economy
This result comes on the back of an improving trade picture. The trade surplus rose 40% y-o-y during 2005 to US$4.6bn, thanks to high commodity prices, notably for gold, copper and...
2006-01-18Economy
In a surprise move, the Peruvian central bank on Friday December 2 increased its overnight interest rate by 25bps to 3.25%, the first hike since October 2004. The move is apparently...
2005-12-12




