Andina

Peru's GDP up by 3.72% in March 2016

Centro Comercial de San Isidro Foto: ANDINA/Norman Córdova

Centro Comercial de San Isidro Foto: ANDINA/Norman Córdova

13:33 | Lima, May. 16.

Peru's Gross Domestic Product (GDP) expanded by 3.72% last March underpinned by mining and construction activities.

Thus, Peru registered 80 months of continuous growth, the National Institute of Statistics and Informatics (INEI) reported today.

The rate, registered last March, favored local economy growth (4.42%) in the first three-month period of the year.

Last March, GDP was boosted by the construction (3.45%), mining and hydrocarbons (16.22%) sectors.

(END) RGP/RGP/AVV/MVB

Published: 5/16/2016