Andina

Peru: Trade sector up 1.5% in May 2017

Compras en tiendas por departamento en el Centro Comercial Open Plaza de Angamos.Foto: ANDINA/Oscar Farje Gomero.

Compras en tiendas por departamento en el Centro Comercial Open Plaza de Angamos.Foto: ANDINA/Oscar Farje Gomero.

14:58 | Lima, Jul. 26.

Peru's trade sector increased 1.5% in May 2017 over the same month last year, the Central Reserve Bank (BCR) informed on Wednesday.

The result denoted recovery, following two consecutive months of negative results due to climate phenomena

Likewise, the issuing entity highlighted May's expansion rate was the highest registered since August last year.

This positive outcome was underpinned by the rebound in sales and repair of cars (+8.0%), as well as in wholesale (+1.1%) and retail (+0.7%) activities.

It must be noted trade sector accounted for 10.18% of Peru's GDP last May, according to the National Institute of Statistics and Informatics (INEI). 

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Published: 7/26/2017