The Global Resource For Connecting Buyers and Sellers

Peru economy grows in March vs yr ago despite floods

Peru’s economic output grew 0.71% in March compared with the same month a year earlier, beating expectations in a Reuters poll for a contraction of 0.5%, the government’s national production indicator showed on Monday.

It marked the smallest annual gain since November 2014, the national statistics institute Inei said. Economic output also fell 0.4% in March, compared with February, the third straight month-on-month decline.