# Peru Economic Outlook. March 2024 | BBVA Research

> BBVA Research raised its 2024 Peru growth forecast to 2.7% from 2.0%, as weather anomalies linked to the coastal El Niño have been less intense than expected. It expects inflation, now at 3.3%, to fall toward 2.6% by year-end and the sol to weaken to 3.85-3.95 per dollar.

- Date: 2024-03-13 · published 2024-03-13T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/31501-peru-economic-outlook-march-2024-bbva-research
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A milder El Niño impact on Peru's economy and agriculture reduces weather risk for regional fishmeal and agri output, while a weaker sol could modestly affect Peruvian export pricing.

## Read by commodity

- USDPEN: bearish ▼

## Sources

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

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