Analysts raised expectations on Peru’s economic growth by considering a higher 2.8% expansion is likely to be reached by year, Peruvian Central Reserve Bank (BCR) Expectations Survey revealed.
The rate is higher than last October's 2.7% projection.
According to the document, both the financial system and non-financial enterprises maintain their expansion-rate estimates at 2.8% and 3.0%, respectively.
Likewise, analysts forecasted Peruvian economy will continue accelerating in the following two years by 3.2% (2016) and 4.0% (2017).
(END) RGP/RGP/HMC/MVB
Published: 12/7/2015