The prices of Peruvian export products have been experiencing recovery since the end of 2016, Peru's Central Reserve Bank (BCR) informed.
In this context, BCR projects they will grow 10.2% in 2017, following five consecutive years of negative results.
Thus, growth would boost
employment and investments in the Andean country.
Likewise, the issuing entity underlined the positive trend has been partly boosted by the rebound in metal prices.
According to BCR's June 2017 Inflation Report, Inca
export prices may increase 10.2% on average this year, whereas those related to imports would grow 4.5%.
As is known, the terms of trade index measures
export prices relative to the value of imports.
An increase in terms of trade means average prices of Peruvian
exports have outperformed the value of products imported by the country.
(END) CNA/JJN/JHM/MVB