Latin America’s Top Performer Peru Sees 2025 Outlook Worsening

Peru’s government further cut its expectations for 2025 growth following disappointing economic activity results and global turbulence.

Finance Minister Raul Perez-Reyes said Tuesday that he now hopes the economy will grow between 3% and 3.5% this year. That’s down from a specific target of 3.5%, which earlier in the year was 4%.