Peruvian GDP increased 3.39% in August 2019 underpinned by a better performance of the primary sectors, which jointly expanded 3.9%, the highest growth rate so far this year, Central Reserve Bank (BCR) has informed.
Meanwhile, GDP grew 2.1% between January and August this year, mainly boosted by non-primary GDP (3.2%).
The behavior of the primary sector
was mainly linked to the greater production of copper
and molybdenum, as well as a higher extraction of hydrocarbons (38.2%), a better performance of the primary manufacturing
activity (6%), the increase in refining of non-ferrous metals, and the production of frozen fish.
The rise in non-primary sectors was explained by a good performance of the construction segment
, which expanded 4.5%.
Meanwhile, the trade sector
grew 3.1% underpinned by greater whole- and retail-sales. Plus, the service sector increased 3.7%.