Andina

Peru: Construction sector up 8.94% in September 2017


Venta y Construcción de Departamentos en Lima Inmobiliaria CTS

Venta y Construcción de Departamentos en Lima Inmobiliaria CTS

14:08 | Lima, Oct. 16.

National Institute of Statistics and Informatics' (INEI) preliminary figures show that construction sector expanded 8.94% last September, from the same month in 2016, INEI head Anibal Sanchez informed.

In this sense, September marks the fourth month of continuous growth for said sector.

According to Sanchez, the rise was mainly supported by a dynamic progress in public works (+23.75%) and an increase in domestic cement consumption (+4.19%).

"This early disclosure of the construction sector's performance confirms a very favorable outlook on Peru's economic recovery in the coming months of the year," he pointed out.

Electricity

According to INEI, the electricity sub-sector grew 1.60% in September, over the same month last year, reporting five months of positive results. 

(END) MDV/MDV/JAA/RMB

Published: 10/16/2017