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April Economic Activity Rises 0.31% Y/y, Below Expectations

PERU
  • A full breakdown of the Peru economic activity data:
  • Economic activity rose 0.31% y/y (estimate +1.7%) in April, according to the National Statistics and Information Institute (INEI)
    • Manufacturing production fell 3.84% y/y
    • Retail sales rose 3.18% y/y
    • Mining production rose 17.41% y/y
    • Construction activity fell 5.12% y/y
  • Separately, Peru's Lima May Unemployment Rate 6.8%; Est. 7.0% (BBG)

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