economic indicators Archives | Peru Reports economic indicators Archives | Peru Reports

economic indicators

Peru government to battle opposition over sales-tax reform
Posted by Colin Post on Nov 11, 2016 Leave a comment

Peru government to battle opposition over sales-tax reform

Peru’s government has signaled that it will reject a law from the opposition-controlled Congress to ease terms of tax payment for small and medium-sized businesses. Congress on Thursday unanimously passed  Full Article »

Peru puts partisans on central bank’s board of directors
Posted by Colin Post on Oct 28, 2016 1 comment

Peru puts partisans on central bank’s board of directors

Peru’s opposition-controlled Congress is widely criticized for electing two of Keiko Fujimori’s former running mates as directors of the central bank. The Popular Force party which controls 71 seats in  Full Article »

Peru proposes increased budget to improve services, boost economy
Posted by Jack Dylan Cole on Sep 12, 2016 Leave a comment

Peru proposes increased budget to improve services, boost economy

Peru’s government has submitted a fiscal budget for 2017 which expands spending by 4.7% to drive economic growth and improve government services. Cabinet chief Fernando Zavala presented to Congress last week a budget featuring significant spending increases in government  Full Article »

Peru’s formalization plan does not touch labor regulation
Posted by Colin Post on Aug 25, 2016 Leave a comment

Peru’s formalization plan does not touch labor regulation

Peru’s new finance minister outlined his plan to boost formalization in labor markets, which does not include changing the country’s rigid labor regulation. In his inaugural address, President Pedro Pablo  Full Article »

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 »

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 »

Peru hikes minimum wage 13% one week from elections
Posted by Colin Post on Mar 30, 2016 1 comment

Peru hikes minimum wage 13% one week from elections

President Ollanta Humala signed a decree to raise Peru’s monthly minimum wage from $223 to $253 on Wednesday. Humala announced the 13% increase today at an event in the southern  Full Article »