Phoenix Minerals S.A.C. - Phoenix Minerals SAC, Group of Companies

Peru’s growth is more robust, inflation is lower, savings rates are stronger and internal consumption is growing faster than in other emerging markets

Recent economic trends drive home that global investors would do well to look more broadly at emerging market opportunities.

“Investors seeking growth and alternatives to uncertain developed economies, and potentially overheated developing ones, should to consider Peru, as well as other Latin American markets,” said Alfredo Sillau of Compass Group, an independent investment advisor focused on Latin America.

“Peru is a growth story – and it has a very flexible economy.  There’s a trade surplus; inflation is low; the banking system is growing at about 30% year after year, with more room to grow; and there’s high internal demand for malls, ports and retail,” added Carlos Rojas, also of Compass Group.

Posted October 3rd 2008 at www.livinginperu.com