Peru Sees Significant Growth
Peru Sees Significant Growth

Peru Sees Significant Growth

Peru Sees Significant Growth

Peru’s economy grew by a faster-than-expected 3.39% in May from the same month a year earlier, the quickest pace in four months thanks to a surge in anchovy catches that offset an ongoing slump in construction, state statistics agency Inei said, Reuters reported. The economy expanded 1.96% year-on-year in the first five months of 2017 and 3% in the 12 months through May, Inei said. The finance ministry said the robust expansion in May marked a turning point for the economy following a sharp slowdown earlier this year in the wake of severe flooding and a graft scandal that stalled public work projects.


Short URL : https://goo.gl/Gi8KRQ
  1. https://goo.gl/2DY7Jr
  • https://goo.gl/AXLAcB
  • https://goo.gl/akpvKt
  • https://goo.gl/9nZuSL
  • https://goo.gl/wLjYiv

You can also read ...

Philippines Growing Faster Than Expected
The Philippine economy grew at a faster than expected 6.9%...
The British economy will hardly expand 0.3-0.4% per quarter through to June 2018, with growth of 1.5% this year and 1.3% the next.
British economic growth will remain tepid over the coming few...
Siemens to Cut 6,900 Jobs
Labor unions have reacted angrily to layoff plans unveiled by...
Italy Braces  for $1b Loss
Italy’s failure to qualify for the 2018 football World Cup in...
The rupee, bonds and stocks rallied after Moody’s upgraded India to Baa2 from Baa3 and said reforms being pushed through by Modi’s government will help stabilize rising levels of debt.
Forget India's economic troubles this year. Moody's thinks...
Malaysia GDP Expands Most in Three Years
Malaysia’s economy expanded at the fastest pace in more than...
IMF Sees Economic Revival in Myanmar
The International Monetary Fund on Friday forecast an economic...
Russia CB  Sees 1.8%  GDP Growth
Russia’s economic growth rates are close to potential, Central...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.