In October, president Alan García announced that Peru would come through the economic crisis stronger than it entered it. Analysts also continue to back it.
Although Peru’s economic growth rate has slowed markedly since 2007 when it hit 9%, and 9.8% in 2008, it is still expected to reach 3.8% this year. Inflation has dipped and surged in line with oil prices but is forecast to be 2% by the third quarter. The country’s international investment position has continued to strengthen. Between the...
