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Peru Economy Growth Forecast Raised to 3.5%

Peru's MEF raises 2026 GDP growth forecast to 3.5% from 3.2%, while the minimum wage is set to rise to S/ 1,300 in two tranches.

  • Peru's GDP growth forecast raised to 3.5% for 2026.
  • Minister Elmer Cuba suggests potential 4% growth in 2026.
  • Minimum wage to increase by S/ 170 from S/ 1,130 in November 2026.

Panama Economy Targets 4.9% Growth in 2026

Panama's MEF projects 4.9% growth for 2026, with the 2027 budget assuming 4.0% and a 2.97% deficit. Canal transits rise 5.2%, but unemployment remains a challenge.

  • Panama's economy projected to grow 4.9% in 2026
  • Minister of Economy and Finance Felipe Chapman forecasts growth
  • Growth higher than 4.0% assumption in 2027 budget

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