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.

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.

Duarte Ricardo |
2/26/2013 10:04:06 AM