Loading…
Peru's President Pedro Pablo Kuczynski said the economy is slowing due to bureaucracy and the change of government, with fourth-quarter GDP growth falling to 2.5% as construction contracted. The government also canceled an Odebrecht-led natural gas pipeline contract, delaying the US$7bn project.
Weaker Peruvian growth and delayed infrastructure spending have limited direct effect on feed commodities, though slower activity can weigh on the sol.
bnamericas.comJan 25, 2017Not 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.
