President Dina Boluarte held a bilateral meeting with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, within the framework of the Asia-Pacific Economic Cooperation Forum APEC 2024 that is being held in our country.
At this meeting, the director of the IMF highlighted the significant growth that our country is achieving, which demonstrates the resilience of the Peruvian economy despite global climate change.
“It is not easy to respond to the great challenges represented by social unrest and the effects of climate change, which impact economic growth. However, we now see that they have a growth of around 3%; “We want them to continue growing more,” he said.
Likewise, Kristalina Georgieva congratulated Peru for having successfully faced the inflationary challenges that arose worldwide, highlighting the low levels of inflation that Peru currently registers.
“If I’m not mistaken, Peru reached a peak of just over 8%, but has currently managed to reduce it to around 2%. This is, without a doubt, a significant achievement,” he stressed.
Consumer prices in Peru fell in October for the second consecutive month and annual inflation stood at 2.01%, in the middle of the central bank’s target range. The ratio has been progressively falling after registering an inflation of 8.46% in 2022, the highest annual measurement in more than a quarter of a century, mainly due to external factors.
“This is, without a doubt, a significant achievement,” Georgieva said in the meeting broadcast by the local presidency’s office.
ECONOMIC GROWTH
According to official figures from the INEI, the Peruvian economy reached a growth of 3.2% in September of this year, driven by the mining and hydrocarbons, agriculture, construction, and services sectors; trade; inter alia.
In this sense, national production reaches an expansion of 3% between January and September, which is on track to meet the Government’s growth projections of 3.2% for all of 2024.
This would represent an important economic recovery after falling 0.6% in 2023, as a result of global climate change.
INEI also reported that, in October 2024, the Consumer Price Index of Metropolitan Lima fell 0.1%, which caused the accumulated inflation of the last 12 months to be 2%, one of the lowest levels of Latin America.
The important thing is that inflation has been declining due to the reduction in prices of the basic family basket compared to 2022 and 2023, which represents relief for the pockets of Peruvian families.
Take advantage of the NEW EXPERIENCE, receive our enriched digital newspaper by mail and WhatsApp. Peru21 ePaper.
Now available in Yape! Find us at YAPE Promos.
RECOMMENDED VIDEO
