Peru's Economy Grows By 1.66% In September, Slight Dip From August

  • Peru's economy expanded by 1.66% in September a slight dip from an increase of 1.68% in August.
  • The national statistics institute (INEI) said growth in the world's No. 2 copper producer was driven by most sectors of the economy in September, pointing to gains in construction, transportation, hotels and restaurants, commerce, agriculture, power utilities and other services.
  • By contrast, mining, finance, telecommunications, manufacturing and fishing were among the sectors where activity slipped, resulting in a marginal decline. The latest figures meant that during the first nine months of this year, the Peruvian economy expanded by 2.90%, the institute said.

(Source: Reuters)