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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.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
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BCRP’s 2024 GDP Forecast Edges Up To 3.1%
- Speaking at a press conference this afternoon, BCRP President Julio Velarde said that the central bank expects the Peruvian economy to grow by 3.1% this year, marginally above the previous 3.0% forecast. He said that this estimate had an upward bias.
- Meanwhile, inflation is expected to end the year at 2.2%, unchanged from the previous forecast, before falling to 2.0% by the end of 2025. On the fiscal front, the central bank expects the deficit to come in at 2.8% of GDP this year, above the government’s 2.5% estimate. Velarde also highlighted his concerns about the risk of capital flight ahead of the 2026 elections.
- "PERU CENBANK HOLDS INFLATION ESTIMATE FOR THIS YEAR AT 2.2%"
- "PROJECTS FISCAL DEFICIT OF 2.8% OF GDP IN 2024 AND 1.6% OF GDP IN 2025" - Reuters
- "CAPITAL FLIGHT FROM PERU IS A WORRY FOR 2026 ELECTIONS: VELARDE" - BBG
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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.