Lima, Apr. 04 (ANDINA). The Peruvian economy has started 2011 on the right foot and is poised to become one of the leading economies in Latin America this year, according to Lima-based brokerage Grupo NCF SAB.
Juan Carlos Castillo, an analyst at Grupo NCF SAB, noted that in recent years the Peruvian economy has maintained monetary and fiscal stability, reflected in the strength of its basic macroeconomic indicators.
"It [Peru] is the case of a good economic performance, low inflation, positive trade balance, decreasing unemployment rate, among other indicators," he said in Grupo NCF's monthly report.
Castillo pointed out that Peru’s gross domestic product grew 10.02 percent year on year in January, driven by the expansion in almost every economic sector.
"The dynamism of the economy is driven by robust domestic and foreign demand," he added.
Source: www.andina.com.pe
Juan Carlos Castillo, an analyst at Grupo NCF SAB, noted that in recent years the Peruvian economy has maintained monetary and fiscal stability, reflected in the strength of its basic macroeconomic indicators.
"It [Peru] is the case of a good economic performance, low inflation, positive trade balance, decreasing unemployment rate, among other indicators," he said in Grupo NCF's monthly report.
Castillo pointed out that Peru’s gross domestic product grew 10.02 percent year on year in January, driven by the expansion in almost every economic sector.
"The dynamism of the economy is driven by robust domestic and foreign demand," he added.
Source: www.andina.com.pe
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