Economy News

Latest stories, headlines and reports about the Peruvian Economy.
46 results - showing 21 - 30
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Poverty in Peru by regions in percent 2016; as published by INEI May 2017
Economy News SunflowerSunflower Updated June 19, 2017 2544   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 Updated May 25, 2017 3951   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 Updated May 24, 2017 1801   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 Updated May 23, 2017 1952   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 Updated May 23, 2017 1528   0   1   0   0  
In the first quarter of 2017, Peruvians living abroad send a total of US$706 million to relatives in Peru, an increase of 5.1% from the same period in 2016.
Dollarization in Peru in % from 2003 to 2017; source: BCRP
Economy News SunflowerSunflower Updated May 23, 2017 2106   0   1   0   0  
Years of an unstable economy, unpredictable financial policies and high- and hyper-inflation rates in the 20th century taught Peruvians not to trust their currency. Those who had the means substituted their savings in local currency for Dollar holdings.
How much money do people earn in Peru in sales?
Economy News SunflowerSunflower Updated April 29, 2017 3012   0   1   0   0  
The latest edition of Aptitus, one of the biggest print and online job markets in Peru, shows a quite interesting list of how much money people earn in the different positions dedicated to sales in large Peruvian companies.
According to Peruvian president Pedro Pablo Kuczynski (PPK) the costs for rebuilding the country after the devastating rains, floods and landslides will accumulate to about US$ 9 billion; photo: Andina
Economy News SunflowerSunflower Updated April 29, 2017 1884   0   1   0   0  
Over the past week politicians, local and international experts and many more speculated about how much it will cost to rebuilt Peru after the devastating destruction rains, floods and landslides caused across the country.
Fresh fruits and veggies from Peru are available in over 80 countries around the globe
Economy News SunflowerSunflower Updated April 29, 2017 3954   0   1   0   0  
While for centuries Peruvian exports were mainly based on the mining and fishmeal industry, over the past 20 years Peru’s agricultural products increasingly gained popularity around the globe.
A Peruvian delegation is in India to start negotiations for a free trade agreement between India and Peru
Economy News SunflowerSunflower Updated April 29, 2017 1438   0   1   0   0  
On his visit to the US a few weeks ago, President Pedro Pablo Kuczynski summarized Peru’s policies regarding the dealing and cooperation with other countries quite nicely: he prefers bridges to walls.
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