on Friday projected that the national economy might have expanded around 60% last April, in relation to the same month of 2020 (due to a statistical effect), thus registering a better performance compared to March 2021.
The official indicated that GDP growth last April —which will be released next week— is possibly around 60%, or above said level compared to the same month in 2020.
"Peru grew 3.8% during the first quarter of this year, after having fallen 3.6% in the same period of 2020," he explained.
Likewise, the official announced that the new BCR projection on Peru's economy for the remainder of 2021 will be known on June 18, during the presentation of the Inflation Report by the issuing entity.
Furthermore, the BCR specialist indicated that most of the economic activities' leading indicators showed a recovery in May.
In fact, Armas explained that electricity production growth (without mining) in May of this year was 2.37% —above the level recorded in the same period of 2019. However, an increase of 34.9% might be recorded if compared to the similar period last year.
He also pointed out that domestic cement consumption continues, with dynamic rates. Last May, it reached 10.5% —higher than the figure registered in the same period of 2019.