Loading…
FocusEconomics reports that Peru's government announced a stimulus package worth up to 12% of GDP at the end of March. It is split into three phases of about SOL 30 billion each, with roughly 4% of GDP for cash transfers and early pension withdrawals.
Analysts expect a severe contraction but say strong fiscal and monetary buffers should help the economy weather the shock.
The package and the expected downturn in domestic demand and exports affect Peru's feed import needs only marginally. The outlook has little direct price implication for feed commodities.
focus-economics.comAngelaApr 17, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
