Peru's national production increased 58.49% in April this year due to favorable results in most economic sectors —except farming— the
National Institute of Statistics and Informatics (INEI) reported on Tuesday.
"It is important to note that the April 2021 production result is still below the level seen in the same month of 2019 (pre-pandemic levels), showing a decrease of 3.46% compared to the same period," it added.
The INEI stated that national production increased 13.80% between January and April 2021 and fell 3.37% in the 12-month period ending April 2021.
The result in April 2021 was determined by higher production levels in most sectors: mining and hydrocarbons; manufacturing; electricity, gas, and water; construction; commerce; transportation, storage, and messaging; accommodation and restaurants; telecommunications; financial services; and services provided to companies. Only farming saw a reduction in the national production.
Farming
In April 2021, the farming sector's national production contracted 5.20% due to a decrease of 7.49% in the agriculture sub-sector.
Fisheries
The fisheries sector's production increased 132.13% due to the higher capture of species of maritime origin (242.86%).
Mining and hydrocarbons
The mining and hydrocarbons sector's production increased 57.79%, compared to the same month last year, due to the good performance of the metallic mining sub-sector (76.42%).
Manufacturing
In April, the production in the manufacturing sector increased 114.13% due to the dynamism of the non-primary manufacturing (161.83%) and primary manufacturing (35.74%) sub-sectors.
Electricity, gas and water
In the month of analysis, the national production in the electricity, gas, and water sector grew 33.57%.
Construction
The construction sector witnessed a growth of 987.36% in national production, the highest figure recorded so far this year, compared to the same month in 2020.
Commercial activity
The commerce sector's national production expanded 158.32%, explained by the good performance of the vehicle sales-repair (796.40%), wholesale (153.26%), and retail (115.70%) sub-sectors.
Transportation, storage, and messaging
The transportation, storage, and messaging sector experienced a growth of 106.5% due to the positive behavior of transportation (125.11%) and storage & messaging (70.02%) sub-sectors.
Accommodation and restaurants
On the other hand, the national production of the accommodation and restaurants segment grew 889.13%.
Telecommunications and other information services
The telecommunications and other information services sector increased 10.48%.
Financial and insurance sector
The financial and insurance sector's national production posted a growth of 19.20% due to the increase of 8.52% in loans granted by commercial banks.
Services provided to companies
As for the services provided to companies, the sector's national production increased by 98.84%.
Government services
The INEI reported that the government services sector expanded 5.22% in April due to an increase in services at institutions in the three levels of government: national, regional and local.
(END) NDP/CNA/JJN/RMB/MVB
Publicado: 15/6/2021