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Citibank forecasts Peru's GDP growth at 3.6% in 2018 and 4% in 2019, driven by a 26bn sol post-flood reconstruction program and rising public investment. Exports are forecast to reach US$47bn in 2019, led by metals.
Stronger Peruvian growth and export receipts support the sol and domestic feed demand, but the impact on grain and oilseed prices is limited since growth is led by metals and construction.
bnamericas.comApr 18, 2018Not 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.
