Latam Daily | GDP in Peru in April rose at its fastest rate over the past year to 4.3% YoY

Summary

Peruvian GDP growth was mainly driven by the Fishing and Mining sectors, however, non-primary activities performed badly. We expect lower readings in the short term as we anticipate that the strength in the fishing sector will ease and the slowdown in the non-primary sectors will increase, confirming our view of a greater weakness in domestic demand in 2Q15

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