News from Peru Economy
Stay current with all the latest and breaking news about Peru Economy, compare headlines and perspectives between news sources on stories happening today. In total, 85 stories have been published about Peru Economy which Ground News has aggregated in the past 3 months.
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Wages · PeruFemicide in Santa Anita: subject stabbed his ex-partner to death in the presence of his mother | VIDEOINSN de Breña: every year nearly 100 minors are diagnosed with idiopathic scoliosis. Members of different unions and unions, as well as activists, marched through the streets of downtown Lima, in the context of Labor Day, to demand better working conditions and salaries from the authorities. LOOK HERE: Puente Piedra: the van in which Mayor Renná…See the Story
Cercado de Lima: unions and activists marched on Labor Day to demand labor and wage improvements
Inflation · PeruINEI: inflation in Metropolitan Lima fell 0.05% in AprilCongress proposes that companies pay 4% of the contribution of the AFPThe US Federal Reserve (Fed, central bank) kept its reference interest rates at 5.25-5.50% this Wednesday and highlighted the “absence of new progress” towards its inflation objective, after a two-day meeting of its Monetary Committee.READ MORE | Price of the dollar in Peru today, Wednesday, May 1: quotation in banks and …See the Story
Fed maintains benchmark interest rate
Inflation · LimaMEF: Precio del cobre crece 20% anual en abril y alcanza su mayor nivel en dos añosInformalidad laboral en el Perú: ¿qué sectores tuvieron las mayores contracciones?El Instituto Nacional de Estadística e Informática (INEI), a través de la Resolución Jefatural 114-2024-INEI, aprobó los Índices de Precios al Consumidor a Nivel Nacional y de Lima Metropolitana, correspondientes al mes de abril 2024.De esta manera, el INEI dio a conocer que, en el r…See the Story
INEI: inflation in Metropolitan Lima fell 0.05% in April
Economy · PeruGovernment raises private investment projection and expects growth of 2.4% MEF raises its growth projection for the economy to 3.1% this year. In its Macroeconomic Projections Update report, the Ministry of Economy and Finance (MEF) indicated that the fiscal deficit at the end of 2024 would be in the range of 2% to 2.5% of GDP. LOOK HERE: The Government extends its guarantee to the Impulse MyPeru program by up to S/ 10 billion In the document, t…See the Story
Ministry of Economy will propose a change in the fiscal rule: deficit at the end of the year will be 2.5%
Economy · PeruGovernment raises private investment projection and expects growth of 2.4% Ministry of Economy will propose a change in fiscal rule: deficit at the end of the year will be 2.5% The Ministry of Economy and Finance (MEF) projected that Peru's Gross Domestic Product (GDP) would grow 3.1% in 2024, higher than last year (-0.6%) .LOOK HERE: The Government extends its guarantee to the Impulse MyPeru program by up to S/ 10 billion In its Macroeconomic P…See the Story
MEF raises its growth forecast for the economy to 3.1% this year
Wages · PeruLabor informality fell to 71.1% in 2023. According to the 2023 Working Conditions Index prepared by ComexPerú, four out of ten Peruvian workers receive less than the minimum living wage (7.6 million). In Puno, Huancavelica and Cajamarca, the proportion increases to 7 out of 10. Although informality fell from 74% to 71.1% from 2022 to 2023, this “progress” was due to the loss of more than 600,000 jobs in the informal sector. For example, more tha…See the Story
Labor Day 2024: In Peru, 4 out of 10 workers earn less than the minimum wage
Economy · PeruIt has become increasingly common for Congress to approve legislation without the Executive Branch's approval. The 24% of published norms since the pandemic have been due to insistence, more than three times the average of the previous four congressional periods (7% between 2000 and 2019). Lacking adequate technical support, these initiatives not only endanger economic development but also fiscal sustainability for the following years. Congress …See the Story
One out of every 4 laws is approved at the insistence of Congress, what are they and what effects does it have on the economy?
Nicolás Maduro · PeruVenezuela: María Corina Machado refuses to be replaced as candidate for the presidential elections; Venezuela: a court order removes the opposition's control of Primero Justicia, one of its largest parties; Venezuelan opposition Henrique Capriles said on Saturday that President Nicolás Maduro and his government 'continue to mock' public workers and pensioners by keeping the minimum wage and pension frozen for '773 days'See the Story