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Peru: Mining, hydrocarbon sector up 0.90% in September 2018

16:06 | Lima, Nov. 1.

The mining and hydrocarbon sector expanded 0.90% last September, mainly underpinned by the hydrocarbon sub-sector (+15.53%), the National Institute of Statistics and Informatics (INEI) reported Thursday.

This outcome was driven by a greater production of crude oil (+20.6%), natural gas liquids (+14.4%), and natural gas (+12.3%). 

On the contrary, the metallic mining sub-sector slid 1.29% due to lower production of zinc (-11.4%), gold (-8.7%), silver (-6.9%), and lead (-5.4%). 

Nevertheless, the extraction of iron (+26.5%), tin (+21.4%), molybdenum (+16.3%), and copper (+0.3%) expanded. 

(END) RGP/RGP/DTK/MVB

Published: 11/1/2018