PERU: National Output Index Grows 2.28% In August On Annual Basis

(RTTNews) - Peru's domestic production in August increased by 2.28% on a year-on-year basis, compared to a 1.55% growth in July, accumulating 97 months of continuous growth, said the country's statistics office.

In August, exports rose 13.01% over the same month of the previous year, supported by larger shipments of flour and fish oil, coffee, sugar, copper, silver, gold, agriculture, textiles, fishing, iron and steel, chemical and metal-mechanic products.

Meanwhile, the Peruvian domestic demand also recovered ground, reflecting in higher imports of non-durable consumer goods (12.52%), retail sales (0.77%), consumer loans (1.25%) and consumer spending government consumption (0.88%).

Year-to-date, the Peruvian economy increased by 2.20%, while in 12 months through August, it posted a 2.60% growth.