The national production decreased 32.75% last May compared to the same month in 2019, although it registered a lower fall
, according to data released on Wednesday by Peru's National Institute of Statistics and Informatics (INEI).
This would reflect a breaking point and mean that the worst may have already passed.
During the January-May period, the national production decreased by 17.29% and in the annualized period (June 2019-May 2020) it did so by 5.54%.
In the fifth month of this year, the main components of domestic demand —such as household consumption— experienced a decrease reflected in the reduction in retail sales (-49.87%) and lower investment in construction (-66.43 %).
Likewise, external demand was reduced, given the decrease in exports of traditional and non-traditional products.