Peru central bank sees 2017 growth weaker than expected, under 2.7 pct

By Kitco News / January 12, 2018 / www.kitco.com / Article Link

LIMA, Jan 12 (Reuters) - Peru's economy likely grew "a little under" 2.7 percent last year because of weaker-than-expected public investments that factored into the bank's interest rate cut this week, the central bank said on Friday.

But the bank still expects the economy to grow by 4.2 percent this year, as recent political uncertainty should be transitory, Jorge Estrella, the manager of the central bank's economic studies, told journalists in a conference call.


(Reporting by Teresa Cespedes; Editing by James Dalgleish)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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