LIMA, Sept 21 (Reuters) - Peru’s central bank slashed $4 billion off its 2019 trade surplus estimate, and $2 billion off this year’s surplus estimate, as the U.S.-China trade spat has lowered global prices for the country’s key mineral exports, the bank said on Friday.
Peru, the world’s No.2 copper producer and sixth-largest gold producer, is now expected to post a $6.94 billion trade surplus this year and a $5.79 billion surplus in 2019, the central bank said in a quarterly report.
The bank also trimmed its 2019 economic growth estimate to 4 percent from 4.2 percent, and maintained its forecast for 2018 growth of 4 percent.
The bank’s president had said in July he expected the 2018 growth estimate to be raised.
Reporting By Teresa Cespedes; Editing by Bernadette Baum