Peru News Archive

Summary

Overview Table of Indicators
Money, Inflation (CPI), Inflation (WPI), Interest Rate

The outlook is deteriorating as the developed world’s recession will erode export growth, a key driver of the current business cycle. Furthermore, some companies have begun to delay mining projects, as falling commodity prices promise diminished returns. That said, the country is likely to maintain its position as the fastest-growing economy in the region. Separately, during the Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru and Japan signed an investment protection agreement that could pave the way for free-trade negotiations. In addition, Peru and China successfully concluded talks for a free-trade agreement that could be signed in March 2009.
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