Andina

Peru: Non-traditional exports up 8.53% in July 2017

Agroexportaciones.Foto:ANDINA

Agroexportaciones.Foto:ANDINA

10:40 | Lima, Sep. 1.

Peruvian exports grew 0.73% in July from the same month a year ago, due to higher shipments of non-traditional products (8.53%), and despite a decline in traditional exports (-2.10%), National Institute of Statistics and Informatics (INEI) reported.

Data as at August 30 showed that most demanded non-traditional products were those derived from farming, fishing, metal-mechanic industry and non-metallic mining.

Traditional exports that saw declines came from copper, iron, lead, and gold mining, whereas tin, silver, and zinc shipments were ahead.

Imports of capital goods 

According to INEI, imports of capital goods and construction materials went up 21.29%, followed by purchases of consumer goods (15.58%), as well as commodities and intermediate products (8.87%).

Consumer loans

In the analyzed month, the consumer credit granting increased 4.77%, compared to the same period in 2016. Mortgage and corporate credits saw a positive trend, too, equaling 3.36% and 0.36%, respectively.

(END) CNA/CAN/RMB

Published: 9/1/2017