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%).
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.