Until a few years ago, Peru’s retail sector was one of the least mature in the region. Since then it has become Latin America’s fastest-growing, as shopping malls, supermarkets and stores from international brands have proliferated. Growth has been fastest in the advantage of this situation to establish a position for itself in the retail sector. In 2005, it opened its...
Peru Industry
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Articles & Analysis | A growing number of retail brands are entering the domestic market from The Report: Peru 2015
Articles & Analysis | Sector development is crucial to economic diversification efforts from The Report: Peru 2015
While the country’s economy has long been dominated by the mining sector, less attention has been paid to other sectors. However, as commodity prices have fallen, dragging mining output down with them, Peru will have to lean more heavily on manufacturing to drive future growth. This new reality presents both challenges and opportunities. Peruvian manufacturing benefits...
Chapter | Industry & Retail from The Report: Peru 2015
Accounting for around 15% of GDP, the manufacturing sector has recorded strong growth over the past decade. Between 2004 and 2013, value added from manufacturing grew at a compound annual rate of 5.8% in real terms. While growth is uneven among the various manufacturing activities, the sector has been buoyed by strong growth in basic metal products and in non-metallic minerals. The government...
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
Entre los años 2012 y 2013, el Perú experimentó un descenso significativo de la Inversión Extranjera Directa (IED), tendencia que se espera continúe al menos hasta el año 2014. La caída registrada por los precios de los metales es la principal responsable de la disminución de la IED, la cual está afectando principalmente al sector minero.
Articles & Analysis | Provincial prospects: Move towards industrial parks may spur decentralisation from The Report: Peru 2014
A topic receiving much attention of late, decentralisation of Peru’s production sector could soon be realised, benefitting the nearly two-thirds of the country’s population who reside outside of Lima. As limited space for growth in the capital is spawning initiatives from the public and private sectors, consolidating infrastructure via...