Peru’s GDP expands 2.01% in October

FILE PHOTO: People walk at Surco market in Lima, Peru August 31, 2018. REUTERS/Mariana Bazo

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.

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