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Peru’s GDP down by 0.98% in January 2021

RIO DE JANEIRO, BRAZIL - The national production decreased 0.98% in January 2021 despite the positive variation reached in December 2020, the National Institute of Statistics and Informatics (INEI) reported on Monday, March 15th.

According to INEI, the result of the first month was explained by the lower activity levels in the sectors: transportation and storage (-18.80%); mining and hydrocarbons (-8.49%); accommodation and restaurants (-26.61%); services provided to companies (-8.97%); commerce (-0.85%); and electricity, gas, and water (-0.14%).

On the contrary, other productive sectors experienced an increase, such as finance and insurance (18.66 . . .

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