Peru | More moderate output growth in January

Summary

GDP grew by 3,4%YoY in January. Not too many changes with respect to last few months' story: strong primary sectors (Mining and Fishing), while sluggish non-primary ones, in particular Non-primary manufacturing and Construction. Available indicators and reasonable assumptions suggest that, considering 2016 is a leap-year, February’s output growth should be close to 6%YoY.

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