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Latest News in Peru / Archive
Economy | 20 October, 2009 [ 10:47 ]
Peru: Scotiabank foresees a GDP of 1.4 percent for 2010
LivinginPeru.com
Isabel Guerra
Scotiabank reduced its expectatives of economic growth and now foresees a Gross Domestic Product of 1.4% for this year, instead of the 2.3% that was expected.
“This downward correction (in the annual projection) is explained by a settlement considering the rates registered in the past months, rather than a change in our expectations in relation to next months,” Analyst with Scotiabank Peru Juan Pablo Ramos said.
In addition, he said that during the fourth trimester of 2009 the economy will have a rebound in grow rates, increasing by 4% and 4.5%.
Scotiabank now foresees that the GDP is likely to grow by 4.2% in 2010.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Scotiabank reduced its expectatives of economic growth and now foresees a Gross Domestic Product of 1.4% for this year, instead of the 2.3% that was expected. “This downward correction (in the annual projection) is explained by a settlement considering the rates registered in the past months, rather than a change in our expectations in relation to next months,” Analyst with Scotiabank Peru Juan Pablo Ramos said.
In addition, he said that during the fourth trimester of 2009 the economy will have a rebound in grow rates, increasing by 4% and 4.5%.
Scotiabank now foresees that the GDP is likely to grow by 4.2% in 2010.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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