Interest rate cuts still likely in Peru as economy outperforms

Data released today confirmed that Peru was among the region’s star performers in Q3 and is on track to expand by 7.0% this year. Nonetheless, with the outlook for the global economy deteriorating, the risks to our forecast for growth to slow to 4.0% next year may be to the downside. As a result, we still expect interest rates cuts, although Peru may be one of the last in the region to start easing next year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.