The terms of trade, an indicator that shows the relationship between export prices and import prices, increased by 14.5% year-on-year in Peru last February due to a rise in the prices of exported goods, the
Export prices increased by 15.5% year-on-year, with notable rises including gold (43%), zinc (27.1%), copper (18.2%), natural gas (70%), and non-traditional fishery products (22.6%).
Meanwhile, import prices rose slightly by 0.9%, according to the issuing entity.
Compared to the previous month, the terms of trade increased by 1.8% due to a 2.3% rise in export prices, with the most significant increase being the price of gold, which rose by 9.4%.