# Statement by Mr. Alfaro and Mr. Hendrick on Peru May 20, 2024 in: IMF Staff Country Reports Volume 2024 Issue 133 (2024)

> The IMF staff statement on Peru, dated May 20, 2024, projects 3.0% growth in 2024 after a slight contraction in 2023. Headline inflation fell to 2.4% in April, and the central bank cut its policy rate by 25 bps to 5.75% on May 9.

- Date: 2024-05-21 · published 2024-05-21T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/30549-statement-by-mr-alfaro-and-mr-hendrick-on-peru-may-20-2024-in-imf-staff-country
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Falling inflation and an ongoing easing cycle are supportive for domestic demand and the sol, but the report has little direct effect on feed ingredient prices. Its main relevance is to Peru's macro outlook for feed buyers.

## Read by commodity

- USDPEN: neutral

## Sources

- elibrary.imf.org: https://www.elibrary.imf.org/view/journals/002/2024/133/article-A004-en.xml

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