# Peru Economic Outlook. December 2024 | BBVA Research

> BBVA Research raised its 2024 growth forecast for Peru to 3.1% and expects 2.7% expansion in 2025. The outlook assumes US tariff increases, especially on China, will slow activity in both countries.

- Date: 2024-12-04 · published 2024-12-04T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/27234-peru-economic-outlook-december-2024-bbva-research
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A weaker Peruvian economy and a sol trading in a 3.75-3.85 per dollar range point to stable demand for imported feed inputs and fishmeal exports; the forecast offers little direct price impact on feed commodities.

## Read by commodity

- USDPEN: neutral

## Sources

- bbvaresearch.com: https://www.bbvaresearch.com/en/publicaciones/peru-economic-outlook-december-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.