Peru’s GDP expands by 7.35 percent in April

Peru’s gross domestic product expanded by 7.35 percent in April compared to the same month last year, national statistics and information bureau INEI reported. Peru’s economy has grown for 20 consecutive months and climbed 8.31 percent higher in the first four months of 2011 compared to the year-ago period, state news agency Andina reported. The [...]

INEI: Peru’s economy up 3.63 percent in January

Peru’s economy grew by 3.63 percent in January compared to the same month in 2009, the National Statistics and Information Institute, or INEI, said in a statement. The increase in Peru’s gross domestic product was led by the country’s construction sector, which expanded by 10.17 percent. Construction’s growth in January was due to a strong [...]

Scotiabank: Peru’s construction sector to grow by 8 percent in 2009

An increased injection of public funds into Peru’s still booming construction sector will allow the industry to continue to expand at a steady rate of 8 percent throughout 2009, said Scotiabank Senior Economist Pablo Nano. In spite of the increased cost of land and construction materials, Peru President Alan Garcia’s anti-crisis plan and its particular [...]

Housing Minister: Peru’s construction sector to boost national economy and generate more than 350,000 jobs in 2009

Peru’s construction sector will become more dynamic during 2009’s first trimester, boosting the national economy and generating employment for thousands of Peruvians, Housing Minister Nidia Vilchez said Friday. “We want the construction sector to keep growing and generate more employment in 2009,” said Vilchez. “With the government’s investment in projects such as Mejorando Mi Pueblo, [...]