Economy

Oil troubles drag Peru’s economic growth below expectations
Posted by Colin Post on Aug 16, 2016 1 comment

Oil troubles drag Peru’s economic growth below expectations

Peru’s economic growth in 2016 is developing slightly lower than economists’ expectations due to a collapse in oil production and fishing. Peru’s statistical agency, INEI, released data showing the economy  Full Article »

Domino’s Pizza returns to Peru after sanitation scandal
Posted by Jack Dylan Cole on Jul 19, 2016 1 comment

Domino’s Pizza returns to Peru after sanitation scandal

The American restaurant chain, Domino’s Pizza, is reopening stores in Peru one year after withdrawing from the market following a sanitation scandal. The pizza company suffered a reputational crisis in  Full Article »

Peru: Kuczynski calls for protest to save mining company
Posted by Colin Post on Jul 9, 2016 1 comment

Peru: Kuczynski calls for protest to save mining company

President-elect Pedro Pablo Kuczynski has called for mineworkers at Doe Run’s smelter in La Oroya, Junin to march on Congress to extend its liquidation proceedings. Kuczynski visited La Oroya on  Full Article »

State firm confirms another oil spill in Peru’s Amazon
Posted by Colin Post on Jun 26, 2016 1 comment

State firm confirms another oil spill in Peru’s Amazon

The Petroperu-operated Northern Peruvian Pipeline has suffered the third spill this year in an Amazon jungle region in the northeastern state of Loreto. Canal N first reported a possible spill  Full Article »

MSCI keeps Peru as ‘emerging market’
Posted by Colin Post on Jun 17, 2016 Leave a comment

MSCI keeps Peru as ‘emerging market’

Index-fund provider Morgan Stanley Capital International (MSCI) has ruled that Peru will remain an “emerging market” in its widely-followed market classifications. The decision ends a 10-month saga since the world’s  Full Article »

Peru ad agency awarded for low-priced concrete campaign
Posted by Colin Post on Jun 3, 2016 1 comment

Peru ad agency awarded for low-priced concrete campaign

Cement company Unacem and the Carne ad agency won Peru’s 2016 Grand Effie advertising award for its Cemento Apu brand and campaign targeting low-income consumers. The Effie Awards held its  Full Article »

Peru inflation slowly declining toward central bank’s target
Posted by Colin Post on Jun 2, 2016 Leave a comment

Peru inflation slowly declining toward central bank’s target

Inflation data in Peru showed prices in May picked up slightly since April but continued a downward trend with an annualized rate of 3.5%. Peru’s INEI statistical agency said that  Full Article »

Ruling signals MSCI likely to keep Peru as ‘emerging market’
Posted by Colin Post on May 12, 2016 2 comments

Ruling signals MSCI likely to keep Peru as ‘emerging market’

Index-fund provider MSCI has kept the Southern Copper stock in the Peru universe, a move which indicates Peru will remain classified as an “emerging market.” Southern Copper is one of  Full Article »

Peru’s informal economy to persist for decades: report
Posted by Colin Post on May 10, 2016 2 comments

Peru’s informal economy to persist for decades: report

A new economic report predicts that Peru’s informal sector will remain a significant part of the national economy until at least 2050. Peru’s state planning agency published a report forecasting  Full Article »

Pacific Alliance trade pact aims to build regional value chains
Posted by Colin Post on May 3, 2016 1 comment

Pacific Alliance trade pact aims to build regional value chains

The Pacific Alliance free trade agreement eliminates member countries’ tariffs on 92% of imports and exports with the aim of developing regional value chains. The free trade agreement for the  Full Article »