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Sunday, February 16, 2025

Peru's GDP Growth Accelerates in December to 4.85%, Surpassing November's Rate

LIMA, February 15, 2025 - Peru's economic performance has shown a notable acceleration as the country's Gross Domestic Product (GDP) growth rate surged to 4.85% in December 2024, up from November's 3.93%. This data reflects a year-over-year comparison, with December 2024's figures marking a significant improvement over the same month the previous year.

The updated data, released on February 15, 2025, indicates a robust expansion in Peru's economy at the close of 2024, which may be attributed to various contributing factors including potentially increased industrial activity, consumer spending, or enhanced export figures. This rise in GDP growth positions Peru favorably as it heads into new economic opportunities in 2025.

While further details on the specific sectors driving this growth are yet to be disclosed, the upward trend signals optimism for continued economic stability and expansion in Peru. Such momentum suggests that policymakers and investors will closely watch Peru's economic strategies and market conditions in the coming months to sustain and build upon this positive trajectory.


The material has been provided by InstaForex Company - www.instaforex.com
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