HomeBusinessPeru's GDP expands 2.01% in October

Peru’s GDP expands 2.01% in October

LIMA (Reuters) – Peru’s economy expanded 2.01% in October compared with the year before, the government’s INEI statistics agency said on Thursday, accelerating its pace of growth after a 1.66% year-on-year rise the previous month.

Growth in the month was fueled by “the favorable evolution of most economic sectors except for the manufacturing, telecommunications and financial” sectors, said INEI.

Peru’s economy expanded by 2.81% between January and October.

(Reporting by Marco Aquino; Editing by Steven Grattan)

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