- Economy News
Latest stories, headlines and reports about the Peruvian Economy.
Peru’s Most Valuable Brands 2018
Kantar Millward Brown, a multinational market research company focused on advertising effectiveness, strategic communication, media and brand equity research, published the results of the 2018 Most Valuable Peruvian Brands ranking.
Poverty rate in Peru increased in 2017
Yesterday INEI, the Peruvian Institute of Statistics, published the results of the “Encuesta Nacional de Hogares” (National Household Study - Enaho); and the results are shocking. For the first time in over a decade poverty in Peru is on the increase again.
Minimum wage in Peru 2018
As his last official act before resigning from office last Wednesday former Peruvian President Pedro Pablo Kuczynski made good on one of his electoral promises and signed a supreme degree which increases the minimum wage in Peru.
According to the latest report from the Peruvian National Society of Mining, Oil and Energy (Sociedad Nacional de Minería, Petróleo y Energía – SNMPE) Peru was the largest gold producer in Latin America mining 151 metric tons of the precious metal in 2017.
According to the latest United Nations Office on Drugs and Crime (UNODC) report the production of coca leaves in Peru increased by 10% from 96,304 tons of sun dried coca leaves in 2015 to 105,960 tons in 2016.
Fitch affirms Peru's credit ratings
Fitch Ratings, one of the three big credit rating agencies, published their latest assessment on Peru’s credit ratings. Result: everything remains unchanged with a stable outlook.
How much does prime office space in Lima costs?
Renting or buying prime office space in metropolitan cities around the globe is usually extremely expensive. Latin American major cities however still offer much more affordable options.
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.
72% of Peruvians work in the informal sector
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 se...
Average wage and unemployment rate in Lima 2017
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.