FX.co ★ Peru's GDP Surges by 2.11% Year-over-Year in January 2024

Peru's Gross Domestic Product (GDP) showed remarkable growth in January 2024, surging by 2.11% compared to the same month a year ago. The latest data, updated on March 15, 2024, reveals a significant improvement from the previous month's -0.74% to a current positive growth rate of 1.37%.

The Year-over-Year comparison underscores the positive trend in Peru's economic performance, indicating a turnaround from the challenges faced in the previous year. This upswing in GDP reflects improved economic activities and signals a promising start for the country in the new year. Investors and analysts are likely to view this development positively as Peru's economy shows signs of resilience and recovery.