Peru’s economy fell more than 1% in January, registering the first decline in 22 months

Rate this post

As expected by most analysts, the Ministry of Economy and Finance (MEF), and the Central Reserve Bank (BCR), Peru’s economy registered its first decline in 22 months in January 2023, negatively impacted by social protests due to political tensions and road blockades that affected several productive sectors in the Andean country.

According to the National Production report of the National Institute of Statistics and Informatics (INEI), Peruvian economic activity fell by 1.12% in the first month of this year and registered a contraction for the first time since February 2021.

In February 2021, when the Peruvian economy also . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Source link

Leave a Comment