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Financial News: PERU: GDP Rises 3.2% In The First Quarter

PERU: GDP Rises 3.2% In The First Quarter From A Year Before

05/21/2018 - 16:27:00 (RTTNews)

(RTTNews) - The Peruvian Gross Domestic Product (GDP) rose 3.2% in the first quarter from a year before, improving its rate of expansion when compared to the 2.2% annual increase seen in the last quarter of 2017, according to the country's statistics office.

The result reflects "a favorable evolution of domestic demand" amid higher consumption and investments and a global context that favored an increase in the country's trade partners, according to the Peruvian government.

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