Peru's economy likely expanded some 4% in January, the central bank's chief economist, Adrian Armas, said in a call on Friday, in line with analysts' forecasts and a day before the government is set to publish the monthly figure.

" "target="_blank"> Economy and Finance Minister Jose Salardi presented Peru's economic growth projections before Congress' Economy Commission, highlighting an acceleration of GDP starting in the second quarter of 2024 and broad-based growth across all productive sectors.

Perus central bank kept its benchmark interest rate steady at 4.75% on Thursday, aligning with market expectations. The decision follows a gradual easing cycle since September 2023, when the rate peaked at 7.

Peru's economy likely expanded some 4% in January, the central bank's chief economist, Adrian Armas, said in a call on Friday, in line with analysts' forecasts and a day before the government is set to publish the monthly figure.