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April Economic Activity Rises 3.7% Y/y Vs. 4.0% Estimates

PERU
  • April Economic Activity Rises 3.7% Y/y Vs. 4.0% Estimates
  • Peruvian activity fell in April for a third consecutive month as concerns mount about growth prospects for 2022.
  • Data were consistent with waning domestic demand and a negative output gap in the first half, and support the central bank’s reluctance to accelerate monetary tightening. (BBG)

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