Peru's economy expanded 8.1 percent in November from a year earlier, spurred by a rise in fishing, construction and export manufacturing, the national statistics institute reported.
Rising consumer demand is driving the growth of Peru's gross domestic product for a seventh year, creating jobs amid higher real wages even as inflation accelerates, said Rafael Sanchez, an analyst at Lima-based consultant firm Management & Investment Services.
Growth is driving demand for imported goods, which jumped by one-third to $1.8 billion in November, while exports rose 8 percent to $2.4 billion.
Via Bloomberg
16.1.08
Peru's GDP Expands by 8.1%
Posted by netID UK at 14:27
Labels: Americas, Business, Peru, World Business, World-Economy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment