Tuesday, November 24, 2015

The primary Gross Domestic Product (GDP) of Peru grew 6.2 percent in September 2015

chilca1 thermoelectric plant

The primary Gross Domestic Product (GDP) grew 6.2 percent in September, driven by mining and hydrocarbon sectors (10.9 percent) and agriculture (3.0 percent), which allowed the Peruvian economy to expand 3.0 percent in the aforementioned month, reported the Central Reserve Bank (BCR).

He explained that the non-primary activity expanded 2.2 percent, mainly services (4.2 percent) and trade (4.1 percent).

He said that the agricultural sector grew 3.4 percent in September, a result associated with increased production of yellow corn, rice, grapes, poultry and eggs.

"That he was attenuated by lower production of olives, asparagus and capsicum products of the genre (paprika, and piquillo pepper)" he said.

It should be noted that the agricultural sector accumulated growth of 2.2 percent in the first nine months of the year.

Fishing also registered an increase of 3.7 percent due to increased availability of species for direct human consumption in fresh state, which the sector accumulated growth of 9.1 percent in the January-September period.

Mining Likewise, the mining and hydrocarbon sector grew 10.9 percent in September due to higher production of copper, for the seventh month is the main item contributing to the growth of the sector. This figure means that in the January-September period the sector has accumulated a growth of 6.6 percent.

In contrast the manufacturing (4.2 percent) and construction (4.9 percent) sectors showed negative results in September.

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