Andina

Peru: Terms of trade up 4.3% in Sept 2019

10:19 | Lima, Nov. 11.

Peru's terms of trade registered a growth of 4.3% in September this year compared to the same month in 2018, the Central Reserve Bank (BCR) has reported.

Traditional

BCR also explained that export prices rose 0.9%, based on the higher average prices in the traditional sector (1.3%).

Within this framework, the rise in the price of gold stood out (26.1%), followed by those of coffee (8.1%) and copper (0.3%).

Non-traditional

Among non-traditional products, the higher average price of farming products stood out.

Imports

On the other hand, import prices decreased 3.3% in September, mainly of oil and derivatives.

(END) MDV/MVB


Published: 11/11/2019