Peru’s economy showed a growth of 4.07% year -on -year in January,Due to the positive performance of almost all economic sectors, with the exception of the financial one, the National Institute of Statistics and Informatics, INEI, reported Saturday.
January data were on the estimate of 4% of analysts surveyed by Reuters, But it was less than 4.85% of the last month last year.
The mining and hydrocarbons sector, key in the country, advanced 1.39%, while the agricultural and fishing advanced 3.24% and 23.51%, respectively.
The area of Manufacturing expanded 5.53% and transport 7.85%.
At a telephone conference on Friday, the main economist of the Central Bank of Peru said that the activity was evolving better than expectedas the country recovered from the recession that began in 2023.
The bank predicted a limited impact of US tariffs, pointing out that Peruvian agricultural production complements the US offer when it cannot produce locally for seasonal reasonsand that copper exports can be sold to many other markets.
At the end of last month, the Minister of Economy, José Salardi, predicted that economic activity would expand 4% this year, compared to the growth of 3.3% in 2024 and the contraction of 0.4% of 2023which would place it among those of fastest growing in Latin America.
