Peru cenbank forecasts further economic growth without demand inflation pressures
Adds detail about economic growth
LIMA, Feb 14 (Reuters) - Peru's central bank expects the local economy to continue growing, chief economist Adrian Armas said on Friday, without the occurence of demand putting pressure on inflation.
The economy likely grew around 4.7% year-over-year in both December and January, according to Armas. Official gross domestic product (GDP) data for December is slated to come out on Saturday.
Peru is bouncing back from an economic recession, with inflation right within the central bank's target range of 2% plus or minus one percentage point.
Inflation should continue to slow even more in coming months, the central bank said on Thursday, as it held its benchmark interest rate at 4.75%.
Armas, speaking on a conference call regarding the monetary policy decision, added that so far, the impact of sweeping tariffs launched by U.S. President Donald Trump would have a limited impact on the Peruvian economy.
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