This year, the economy Peruvian economy “will soften” and grow 2.5%, estimated the World Bank (BM). The advance would be less than the 3.1% that the country would have grown in 2024, according to the institution’s projections.
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The WB specified that progress will be driven mainly by investments in the mining sector and infrastructure. However, he specified that a moderation in consumption is expected. In addition, he indicated that government consumption growth could moderate relative to previous years, which will reduce the role of fiscal policy as an engine of growth.
“China’s weak growth could reduce demand for basic products, especially in Chile and Peru,” added the World Bank in its global outlook report.
REGIONAL RESULT
On the other hand, the WB projected that Latin America and the Caribbean It will grow 2.5% in 2025 and 2.6% in 2026, as Argentina recovers, interest rates normalize and inflation falls.
The forecasts are exposed to several downside risks. For example, the World Bank estimated that among these risks is fiscal instability, the persistence of basic inflation in the region and the tightening of monetary policies.
“The trade restrictions included in the update of the treaty between Mexico, the United States and Canada (T-MEC) could reduce exports, while stricter immigration policies could reduce remittances, although the scope of these regulatory changes is not yet clear. of course,” he said.
He added that climate change, particularly La Niña-induced droughts, continues to pose a significant threat to agriculture and infrastructure in vulnerable areas.
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