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11 Jan 2019, Radoslav Yordanov, EMIS Editor

Peruvian manufacturing sector grows 12.2% y/y in November

Peru’s manufacturing sector rose 12.2% year-on-year in November, the Minister of Production Raul Perez Reyes said quoted by Andina news agency. As a result, the industry expanded 5.3% y/y during the first 11 months of 2018.

Primary manufacturing grew 9.9% y/y between January and November mainly driven by strong fishing year. In this regard, INEI reported that the fishing segment soared 188.51% y/y only in November thanks to the start of the anchovy fishing season.

On the other hand, the minister also revealed that non-primary manufacturing increased 3.7% y/y in January-November.

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