After a slowdown in the third quarter of the year, the Central Reserve Bank of Peru (BCRP) reported that the October consumption indicators show a pick-up over the previous months.
BCRP predicted that in October, cement consumption will increase by 5% compared to the same month of 2017, while electricity production will increase by 5.5% during this study period.
Monetary Entity's Chief Financial Officer, Adrian Arma, estimates that the general government's investment will increase in real terms by about 25% in October and would be "one of the highest rates this year".
This result would correspond to the increase in cement consumption.
By promoting data on non-traditional exports, Armas stressed that they are continuing with a significant dynamism. "We estimate that in October they will grow by 7.2%," he said.
BCRP estimates that prices will rise by 1.8% in October. But without measuring energy and food, the fluctuation would be 2.13%.
At the price of lemon, Armas explained that the phenomenon is seasonal and will be normalized in December.
The BCRP also reported that official jobs will increase by 4.2% in October compared to September this year.