Andina

Peru's farming sector up 9% in July 2017

Sector agropecuario

Sector agropecuario

14:27 | Lima, Sep. 2.

The farming sector rose in July for the second month in a row, thus achieving a record-high growth of 9% over the same month a year before, Peru's Agriculture and Irrigation Ministry (Minagri) reported.

This shows the sector has started to pick up following "Coastal El Niño" phenomenon disasters earlier this year.

According to Minister Hernandez, farming saw a 7% rise in June, marked by a recovery in the agriculture subsector (11%).

This result was mainly explained by the greater production of blueberries, paddy rice, coffee, hard yellow corn, and potatoes. 

Consequently, Hernandez estimates agriculture will witness a 2.8% increase in 2017.

July's growth, on the other hand, was underpinned by the increased contribution of agriculture (14%) and higher production of live animals and animal products (1%).

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Published: 9/2/2017