Peru’s GDP may have recorded an above 3.0% growth last August, Central Reserve Bank Governor Julio Velarde projected.
If consolidated, the rate might be higher than that registered last July (3.0%).
"We estimate August GDP growth might stand at nearly 3.0% […], but it will be similar to that reached in July […],” the issuing entity chairman told El Peruano official newspaper.
He went on to add the expansion was driven by the primary sectors performance; above all that of mining.
It must be noted the last report issued by the National Institute of Statistics and Informatics (INEI) announced copper production had expanded by 31.7% last August.
Primary sector is expected to add 1.6% of 2015's GDP, which will lead to a total 3.1% increase by year-end.
The results by INEI will be made public on October 15, 2015.
(END) RGP/RGP/MVB