This outcome is also driven by a 5.75% increase in external demand of traditional products, including higher mining (13.74%) and fishing (1.15%) shipments.
“Almost all economic sectors had a positive performance, except for construction. Five sectors combined contributed to more than 60% of growth in the national production,” INEI’s head Anibal Sanchez indicated.
Farming Sector
Farming activities increased by 0.68% due to higher livestock production (4.05%), whereas agriculture dropped by 1.84%.
Fishing Sector
Fishing sector was up 48.97%, underpinned by a rise in anchovy catches that totaled 302,000 tons.
Construction Sector
In contrast, the construction industry decreased by 6.57% as a result of a fall in public investment by the central government and that by local governments. However, regional governments increased their project execution rate at 30.8%.