viernes 23 de enero de 2009

Peru to present lowest inflation and highest growth in Latin America in 2009


Peru will lead the economic growth in the region and will register the lowest inflation rate in 2009, according to the last projections of specialists and investment bankers presented in the last report of the consulting firm Consensus Forecast.

The international monthly survey says that Peru would register this year the lowest inflation with 3.4 percent.

This expectation is lower than the one reported by the consulting firm at the end of last year, when this estimated an inflation level of 3.9 percent.

Similarly, this is lower than the rates forecasted by other institutions as Moody’s Economy.com that beginning this year indicated that Peru would post a 4.1 percent inflation.

According to the Consensus Forecast survey, Chile would register an inflation of 3.5 percent, México 4.2 percent, Brazil 4.7 percent, Colombia 5.2 percent, Argentina 7.5 percent, and Venezuela would have an inflation of 35.7 percent.

Experts also indicate that Peru would have the highest Gross Domestic Product (GDP) growth in the region with a five percent rate.

Colombia’s GDP would register a growth of 2.4 percent, Brazil 1.7 percent, Chile 1.6 percent, Venezuela 0.6, Argentina 0.5 percent, while in the case of Mexico, this would drop 0.7 percent. (Andina)

Photo: Financial Center in Lima. Photo:Andina/Archive

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