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Peru's Central Bank: Terms of trade up 16.5% in April 2021

13:23 | Lima, Jun. 8.

Peru's terms of trade increased 16.5% last April, compared to the same month in 2020, the Central Reserve Bank (BCR) has reported.

This result was favored by the increase of 36.3% in export prices, due to higher prices of gold, zinc, copper, and fishmeal, while import prices witnessed a rise of 17.0%.

Thus, the BCR said, the country's terms of trade saw 12 consecutive months of year-on-year growth.

This growth took place in the context of commodity price improvement in international markets.

(END) NDP/VLA/JJN/RMB

Published: 6/8/2021
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