DUBAI May 27 Peru's central bank now expects
gross domestic product (GDP) growth for 2013 at 6.1 percent,
Julio Velarde, president of the country's central bank, said on
Velarde had said earlier in May that the central bank might
trim its forecast for 2013 growth in Peru to 5.9 percent or 6
percent from 6.3 percent, when it issues its next quarterly
outlook in late June.
Economists have been trimming Peru's growth forecasts for
2013 after the country posted its first quarterly trade deficit
in more than four years. Lower commodities prices are crimping
growth in emerging markets like Peru despite growing confidence
in the U.S. economy.
Peru's current account deficit for the year is seen at 4.4
percent of GDP, Velarde said, speaking at a conference in Dubai.
Fiscal surplus for the year is expected to be 0.7 percent of
GDP in 2013, he added.