PeruEconomy

Peru's Economic Surge: 3.3% Growth Signals Recovery from Recession

3 months ago

Peru's economy has shown promising signs of recovery, growing by an impressive 3.3% in 2024. This significant increase marks a pivotal moment for the nation as it emerges from the throes of recession. The growth has notably surpassed initial projections and reflects a resurgence in key sectors that were severely impacted in previous years.

Peru's January Inflation Drops, Staying on Target Amid Economic Recovery

3 months ago

Peru's inflation rate experienced a welcome deceleration in January, aligning closely with the government's target as the nation continues its path towards economic recovery. The latest statistics paint a positive picture, indicating a potential stabilization of prices that could benefit consumers and businesses alike.

Petroperú's New Board Faces Instability as Two Directors Resign

6 months ago

In a surprising turn of events, Petroperú, the state-run oil company in Peru, finds its newly appointed board of directors unraveling as two key board members recently submitted their resignations. This shake-up follows a tumultuous period for the company, which has been grappling with operational challenges and administrative shifts.