Feb. 13 (Bloomberg) -- Peru’s central bank will probably increase its benchmark rate to “a least” 5 percent this year, from 4.25 percent, as domestic demand spurs inflation, Morgan Stanley said.
Economic activity is “robust” and will accelerate in the months ahead on private consumption growth and as the government increases spending, Daniel Volberg, an economist at Morgan Stanley, said in an e-mailed report today.
--Editor: Robert Jameson
To contact the reporter on this story: John Quigley in Lima at firstname.lastname@example.org
To contact the editor responsible for this story: Joshua Goodman at email@example.com