Julio Velarde, Peru’s respected central bank governor, reels off an impressive list of growth figures. “We will finish the second quarter with 5.9% [GDP growth] or 6% and domestic demand grew by 7.8%,” he says. “We are expecting 6.4% [GDP growth] for June, and the numbers for July are pretty impressive in some of the sectors. Domestic cement production is up 19% year on year. Our official projection for this year is 5.8%, but I expect, maybe, more.
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