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Free AccessIndustry Group Revise Peru 2022 GDP Estimate Lower
- Peru’s industry group reduced the country’s 2022 GDP growth estimate to 2% from 4% due to the economic slowdown, the guild said in a statement via text message. (BBG)
- Private investment could fall 8% this year affected by political noise, the group said.
- “If the government promotes private investment and solves the social conflicts of mining and agro-export, Peru could return to the path of growth,” the guild said in the statement.
- The Las Bambas copper mine in Peru will continue talks with local community members in a bid to resolve a dispute that has stalled operations, owner MMG said in an emailed response.
- Negotiations Tuesday failed to garner an agreement with more talks scheduled, the company said
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.