Peru's economy grows 1.68% year-on-year in November

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Peru's economy expanded 1.68% in November compared with the same month a year before, the national statistics institute (INEI) said on Sunday, marking a slight slowdown from the year-on-year rise of 2.01% in October.

Various sectors in the world's no. 2 copper producer drove growth in November, including mining, agriculture, power utilities, construction, retail, transportation and other services.

From January to November, the economy grew 2.70%, INEI said.last year, less than forecast, due in part to protests over the ousting in December of former leftist President Pedro Castillo.Our Standards:

Source: Financial Digest (financialdigest.net)

 

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