Peruvian national production grew 12.94% in July 2021 over the same month last year due to the positive performance of most economic sectors, with the exception of fisheries, mining and hydrocarbons, the
reported on Wednesday.
The result is compared to that of July 2020 when national production fell 11.71%.
Besides, Supreme Decree No. 117-2020-PCM came into force on that occasion, which approved the third phase of economic activities resumption with restrictions and reconfirmed the suspension of other activities, within the framework of the state of health emergency due to COVID-19.
Accumulated growth
In its National Production technical report,
INEI indicated that —between January and July 2021— Peruvian GDP expanded by 19.68%.
It also grew by 8.52% in the annualized period (August 2020-July 2021).
Among the most outstanding sectors in the seventh month of this year were construction (37.40%); commerce (13.25%); transportation, storage, and messaging (38.61%); accommodation and restaurants (124.20%); as well as services provided to companies (21.13%), which together contribute around 70% of the overall result.
Also the manufacturing sector (6.70%) contributed favorably, as did farming (11.09%); telecommunications (7.61%); finance and insurance (5.10%); public administration; electricity, gas, and water (7.14%).
On the other hand, sectors such as mining-hydrocarbons (-0.94%) and fisheries (-41.39%) showed negative performances.