Peruvian economy grew 3.0% last October mainly underpinned by the positive performance of non-primary sectors, which experienced a 4.2% expansion, the highest growth rate in 2017, Central Reserve Bank (BCR) reported.
According to the issuing entity, non-primary GDP growth was explained by the recovery of construction and manufacturing sectors.
Within this framework, the
construction sector grew 14.3% last October, the highest rate recorded since July 2013.
The progress of both public and private works (real estate, shopping centers, and business projects) also saw a 42.4% increase during the analyzed period.
Said result was mostly attributable to increased production of massive consumption products and exports.
(END) MDV/MDV/JAA/MVB