Peru's fiscal, current account deficits widen in Q4

sábado 20 de febrero de 2016 10:57 GYT
 

LIMA Feb 20 (Reuters) - Peru posted a current account deficit of 3.1 percent of gross domestic product in the fourth quarter and a 10.1 percent fiscal deficit , central bank data showed Saturday.

Peru registered a 2.1 percent fiscal deficit in all of 2015, its steepest since 2002, as tax revenue shrank on the back of falling prices for the mined metals it exports.

The central bank has forecast a 2.9 percent fiscal deficit this year and a 3.6 percent current account deficit.

Following is a breakdown of the results:

Q4 Q3 Q4 2014 Curr -3.1 -4.9 -2.7 Acct as Pct of GDP Curr -1.525 -2.351 -1.306 Acct bln bln bln balance Fiscal -10.1 -3.3 -7.6 balance as Pct of GDP

(Reporting By Marco Aquino; editing by John Stonestreet)