November 16, 2006
Peru's economy expanded 7.35% in September, year on year, following growth
Peru's economy expanded 7.35% in September, year on year, following growth of 9.2% in August, according to the institute of national statistics and data (INEI). The September figures mean annual growth is up to 7.5%, from 7.4% in August. Continuing buoyant global commodities prices, in particular of silver and fishmeal, have helped to keep revenues up. Growth of 25.8% in the fishing sector helped drive expansion in September, while the construction sector remained robust, expanding 14.5%.