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The first coin "Spectacled Bear" (Oso Andino de Anteojos) of the new numismatic series "Threatened Wildlife of Peru" (Fauna Silvestre Amenazada del Perú)
Economy News SunflowerSunflower July 19, 2017 840   0   1   0   0  
Peruvian banknotes and coins, awarded many times for their beauty and security features, depict the countries diverse and rich archaeological and cultural past, historic figures and natural resources.
Informal employment in Peru remains high; photo: Andina
Economy News SunflowerSunflower July 12, 2017 1132   0   1   0   0  
Peru’s economy developed into one of the strongest and fastest growing in Latin America since the new millennium. But as Lima’s Chamber of Commerce (CCL) through its Institute of Economy and Company Development (IEDEP) informed yesterday still 11.7 million people in Peru worked in the informal sector in 2016.
Unemployment rate and average income in Lima, Peru 2017; photo: Andina
Economy News SunflowerSunflower June 20, 2017 2311   0   1   0   0  
Recently INEI, Peru’s National Institute of Statistics, published in its latest Employment Report for the time period March to May 2017 the newest numbers regarding the employment market in Lima; data for whole Peru unfortunately is rare and hard to come by.
31 Peruvian families own 13% of the country's financial wealth; photo: investopedia
Economy News SunflowerSunflower June 19, 2017 1504   0   1   0   0  
According to the Global Wealth Report 2017 compiled by The Boston Consulting Group (BCG) 31 families in Peru own US$ 12.296 billion (12,296,000,000) which is about 13% of the country’s total financial wealth.
Poverty in Peru by regions in percent 2016; as published by INEI May 2017
Economy News SunflowerSunflower June 19, 2017 992   0   1   0   0  
Over the past decade poverty could be reduced significantly in Peru. According to a recent press release from INEI, Peru’s National Institute of Statistic, 20.7% of Peruvians were considered poor in 2016; that are about 6.5 million people living from S/ 328 or less (about US$ 100) per month.
2 million Peruvians live from the income bodegas, popular small corner shops in Peru, provide; photo: gestion
Economy News SunflowerSunflower May 25, 2017 1410   0   1   0   0  
Bodegas? Over 400,000 wineries in Peru? No! While there is a not insignificant wine industry in the country, in Peru the term bodega refers to small, mostly family-run corner shops you find in every neighborhood across the country.
Potato harvest high in the Peruvian Andes; photo: Rediagro Peru
Economy News SunflowerSunflower May 24, 2017 663   0   1   0   0  
According to José Manuel Hernández, Peruvian Minister of Agriculture and Irrigation, Peru is the leading producer of potatoes in Latin America.
Negotiations on a free trade agreement between Peru and Australia on the way
Economy News SunflowerSunflower May 23, 2017 535   0   1   0   0  
After attending the APEC’s (Asia-Pacific Economic Cooperation) Ministers Responsible for Trade Meeting, held last weekend in Hanoi, Vietnam, Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros headed to Australia to continue working on eliminating trade barriers and facilitating international trade.
Peruvians abroad sent more money back home
Economy News SunflowerSunflower May 21, 2017 338   0   1   0   0  
In the first quarter of 2017, Peruvians living abroad send a total of US$706 million to relatives in Peru, an increase of 5.1% from the same period in 2016.
Dollarization in Peru in % from 2003 to 2017; source: BCRP
Economy News SunflowerSunflower April 29, 2017 717   0   1   0   0  
Years of an unstable economy, unpredictable financial policies and high- and hyper-inflation rates in the 20th century taught Peruvians not to trust their currency. Those who had the means substituted their savings in local currency for Dollar holdings.
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