Friday, June 16, 2006

Peru Growth Slows




Peru’s GDP grew by only 3.63% in April, compared with the same period in 2005. This compares with year-on-year growth of 10.7% in March and 4.9% in February. Declining output of manufacturing, fishmeal and natural gas were behind the slowdown. Annual inflation for the four months to April was 5.94%. Growth for the year is forecast at over 5%.


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