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BCR: Analysts, financial system raise Peru's GDP growth estimate for 2022 | News | ANDINA

Economic analysts and the financial system raised their GDP growth projections for this year, in line with the dynamism of the economic activity observed during the first three quarters of 2021, the Central Reserve Bank (BCR) said on Friday. ....

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Turkiye Garanti Bankasi A.S.: Announcement regarding forward looking expectations

Turkiye Garanti Bankasi A.S.: Announcement regarding forward looking expectations
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Migration and the post-pandemic reboot of global trade | VOX, CEPR Policy Portal


Erik Brynjolfsson, Xiang Hui, Meng Liu
Protectionism has been on the rise in recent years. Brexit and the China-US trade war are but a couple of examples marking the shift from previous traditions of openness towards the mobility of people, goods, and services. There is much support for the contention that restriction of trade and imposed barriers to cross-border movement are associated with a net economic loss (Delpeuch et al. 2021). 
Amiti et al. (2019) calculated the deadweight cost of welfare following the protectionist actions by the Trump administration during the 2018 China-US trade war. The decrease in US real income amounted to approximately $6.9 billion during the first 11 months of 2018, with an additional cost imposed on domestic consumers and importers in the form of tariffs at roughly $12.3 billion.  ....

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Peru: Inflation expectations within target range | News | ANDINA


10:40 | Lima, Feb. 7.
Based on the Survey of Macroeconomic Expectations conducted last January, inflation in Peru is expected to remain within the 1%-3% target range both in 2020 and 2021, the Central Reserve Bank (BCR) has reported.
Thus, inflation this year would stand at 2.0%, while in 2022 it is expected to register a rate between 2.0% and 2.2% within the target range. 
According to the Survey conducted in January, economic analysts and financial entities expected one-year ahead inflation to reach 2.0%. This indicator has been within the target range since May 2017, the issuing entity indicated.
Moreover, it said, inflation expectations have remained within the target range 86% of the time in the last 19 years.  ....

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