Economy / Peru
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
Macroeconomic Forecast Peru
June 2008 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Andean Group Monitor please click on the trial link below.
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% y-o-y rise). Meanwhile, exports rose by just 32% y-o-y, bringing Peru's overall trade balance during the first quarter to US$1.5bn, almost on par with the Q107 trade surplus.