FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Fourth Quarter GDP In Line With Expectations At -0.4% Y/y

PERU
  • Growth data in Peru was released late Thursday, ahead of the scheduled release time. GDP contracted 0.4% in the final quarter of 2023, in line with the surveyed median forecast. Compared to the previous quarter, the economy grew 0.4%, INEI said.
  • Analysts have noted that the economy posted its second-worst contraction in more than 30 years in 2023 (-0.6%), mainly citing political turmoil and extreme weather conditions as key impacting drivers. As a reminder, the central bank said that in January, the leading indicators of economic activity showed mixed results while expectations indicators reflected a recovery. However, most of the indicators remain in pessimistic territory.
  • Focus turns to next week’s CPI data where further improvement may see the headline data fall below the upper limit of the target range. The BCRP is broadly expected to continue with its consistent 25bp easing pace on March 07, reducing the rate to 6.00%.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.