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INEI: production of 17 regions fell during the first quarter of 2023

INEI: production of 17 regions fell during the first quarter of 2023

The National Institute of Statistics and Informatics (INEI) reported that, during the first quarter of this year, the production of 17 apartments decreased compared to the same quarter of 2022.

The Department of apurimac was the one that saw its productive performance most affected and decreased by 11.6% due to the drop in mining activity associated with the lower extraction of copper in Minera Las Bambas, due to the continuous stoppages of its operations due to social protests and blockade of the South Road Corridor. In addition, the production of silver and gold declined.

For its part, the economy Pasco fell by 10.3% also due to the social conflicts that affected the activity mining due to the blockade of roads, strikes and mobilizations, which caused the temporary suspension of operations and reduced the extraction of copper, zinc and silver at the El Brocal Mining Society, and gold ore at the companies Óxidos de Pasco, Sociedad Minera El Brocal and Nexa Resources Atacocha. Meanwhile, lead production grew.

The department’s production Fist decreased by 9.6%, explained by the sector Construction, This result was reflected in the lower investment in the three levels of Government. It was affected by the social movement that occurred in the first months of the year. The same behavior was presented by the activity miningsupported by the low tin extraction by the Minsur company, caused by the stoppage of its activities (January 12 until the end of February 2023), as a consequence of the conflicts that occurred in the south of the country.

Production also fell in Tacna (-8.3%) and Áncash (-6.2%), driven by lower activity in mining, telecommunications and electricity; in the case of Junín (-0.4%), Lima (-0.4%) and Cusco (-0.3%), due to the negative behavior of the Construction, Telecommunications and Manufacturing sectors.

By contrast, seven departments showed positive results: Moquegua (42.8%) -attributed to the mining activity due to the contribution of the company Anglo American Quellaveco (operates since September 2022)-, Piura (9.7%), La Libertad (2%) -supported by the increase in production in the agricultural, fishing and manufacturing sectors—, Huánuco (3.5%), driven by mining activity; as well as San Martín (1.1%), Ica (0.8%) and Loreto (0.2%).

Source: Larepublica

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