BCP maintains economic growth projection at 3.2%

The BCP maintained its growth projection for Peruvian economy in 3.2% for this year. The financial entity said that the latest activity indicators indicate that in June it would have advanced at its greatest rhythm of the second quarter of 2025.

The president of the BCR, Julio Velarde, recalled that a low inflation is a goal that the BCR was drawn for a long time. The economist was honored by the Chamber of Commerce of Lima (CCL).

The advance of the sixth month would respond to imports of capital goods that grew 13%, the rise in purchase – sale of real estate, the highest sale of new light and heavy vehicles, the increase in internal cement consumption, and the first fishing season.

According to the BCP, domestic demand would register a 4.3% increase this year, which would register its best performance in 12 years, excluding the postpandemics rebound, for the best performance in the first semester.

In addition, the economy that gains “momentum in a context of terms of exchange at historically high levels”, as well as lax fiscal policy and greater public spending will boost.

“Other favorable factors that persist are low inflation, which favors the recovery of real salary; the most flexible monetary policy of the Central Reserve Bank, whose positive effects are reflected with lag; and business expectations in optimistic terrain,” said the BCP.

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