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Consumer spending rises in Peru.

Publication: Market Latin America
Publication Date: 01-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Peru's consumers are in an increasingly favorable position. The country's economy is doing well--has been doing well for some time--and the free market policies of Peru's new president appear to be having a positive effect.

Here's what the Central Reserve Bank of Peru (BCRP) had to say in its September 2007 review of the economy, which cited several factors underlying GDP growth. "Particularly, private consumption and private...

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