Peru´s Economy Grows 5.9% in the 4Q

Peru´s GDP expanded 5.9 percent year over year in the fourth quarter of 2012, accumulating thirteen consecutive quarters of economic growth.
Duarte Ricardo | duarte.ricardo@tradingeconomics.com 2/26/2013 10:04:06 AM

Construction output expanded 12.5 percent, driven by increased public and private investment, particularly infrastructure and real-estate projects. 

Increases were also registered in: other services (7.1 percent); agriculture, hunting and forestry (4.8 percent); electricity and water (4.6 percent) and manufacturing (2.2 percent).
 
A contraction was registered in the following economic activities: mining and hydrocarbons (2 percent) and fishing (25.4 percent).
 
In the full year of 2012 GDP expanded by 6.3 percent, driven by a  8.4 percent increase in domestic demand.

Peru´s Economy Grows 5.9% in the 4Q