Peru's growth to be second highest in L. America this year
12:22, 19 March 2010
LIMA. March 19. KAZINFORM Peru will register the second highest economic growth rate in Latin America this year, the Latin American Consensus Forecast said on Thursday; Kazinform refers to Xinhua.
The international consultancy estimated that Peru's economy will grow by 4.9 percent in 2010, surpassed only by Brazil, with a 5.5 percent growth rate.
The forecast marks an improvement over the 4.8 percent growth rate the consultancy had previously predicted in a February report.
Peru is also expected to post the lowest inflation rate in the region in 2010 and 2011, with 2.2 percent and 2.5 percent respectively; Kazinform cites Xinhua.
See www.xinhuanet.com/english2010/ for full version