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January 10, 2025
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Business expectations fell in December, according to BCR survey

BCR.

The majority of business expectations fell in December compared to what was recorded a previous month, revealed the Macroeconomic Expectations Survey of the Central Reserve Bank (BCR). “All expectations indicators, except 3-month investment, deteriorated in December,” said the monetary entity.

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With the results of the last month, 13 indicators, out of a total of 18, were located in the optimistic section, that is, they obtained more than 50 points. This result is below the 16 indicators that were found in this position in November.

One of the indices that registered a decline was the 12-month economic expectations index, which went from 59.1 points in November to 56.5 points in December. In three months the decline from 50.6 points to 50 points.

Regarding personnel hiring for one year, it was reduced to 57.6 points, compared to the 61.3 points registered a month before. When asked about the current situation of the production level, it registered a drop from 50.4 points to 47.3 points.

PROJECTIONS

The BCR survey also revealed that economic analysts, the financial system and non-financial companies maintained their economic growth projection for this year at 3%, 2.9% and 3% respectively.

In addition, they estimate that the exchange rate for the end of 2025 will be S/3.80, while they project that inflation will remain within the BCR’s target range, that is, between 1% and 3%.

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