Peruvian economy increased 3.93% in March 2018 over the same month last year, thus marking 104 straight months of growth, National Institute of Statistics and Informatics (INEI) informed on Tuesday.
Likewise, the study reveals such figure constitutes the highest rate in the last 13 months since January 2017 (5.08%).
Copper,
zinc, molybdenum, oil, and gas stood out among the traditional products.
Meanwhile, iron-steel, non-metallic mining, chemical, and metal-mechanic products stood out among the non-traditional ones.
The result was also driven by domestic demand, reflected in higher imports of non-durable consumption goods (18.45%), retail sales (3.55%), and consumption credits (6.56%).
Sectors
March 2018 rise was fueled by the positive performance of most sectors, including mining and hydrocarbons,
farming, trade, manufacturing, telecommunications, as well as transport, storage and communications, which contributed 60% to the overall growth in such month.
(END) MMG/RMB/MVB
Published: 5/15/2018