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Latin American Economy & Business - August 2015 (ISSN 1741-7430)

Peru: On track for gathering recovery in H215

There are signs that the recovery is gathering pace in the Peruvian economy. According to the Banco Central de Reserva del Peru (BCRP), real GDP growth reached 3.9% year on year in June, coming in above expectations (the consensus had been for growth of around 3.1%). The June result meant that GDP, which had expanded by 1.7% in the first quarter of this year, has now accelerated quite sharply to 3.1% in Q215.

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