12-July-2025
Economy News
 
Peru Central Bank Holds Growth Forecasts Steady as Trump Readies Copper Tariffs
12-Jul-2025

Peru's economy is projected to have expanded just under 3% in the second quarter of 2025, central bank chief economist Adrian Armas said on Friday, adding that this remained in line with the bank's forecasts of 3.1% growth by the end of the year. Peru's gross domestic product (GDP) likely grew some 2.4% to 2.6% in May and more than 4% in June, Armas said in a call, though the July figure is estimated to have taken a 0.2% hit due to protests by informal miners blocking a key copper corridor. The central bank expects GDP growth to ease to 2.9% in 2026.

News Source:- https://money.usnews.com/investing/news/articles/2025-07-11/peru-central-bank-sees-economy-growing-nearly-3-in-q2