He National Institute of Statistics and Informatics (INEI) informed that the national production of April registered an increase of 0.31%, but so far in 2023 it accumulates a fall of 0.24%. The increase in the month responds mainly to positive results in the mining and hydrocarbons, commerce, accommodation and restaurants sectors; while agriculture, telecommunications and finance, manufacturing, construction, showed a decrease. In March growth was 0.22%.
The development of the productive activity in the sectors of the economy was affected by the presence of the phenomenon of The Coastal Child, with higher than normal rainfall on the north and central coast, as well as in the northern and central-western highlands of the country. According to the main components of domestic demand, household consumption, reflected in retail sales, reported an increase of 3.37% and public investment in construction increased by 30.72%, the report said.
On the other hand, there was greater external demand for non-traditional products by 7.26%, including fishing, metal-mechanics, iron and steel, and non-metallic miners.
Hardest hit sectors
He agricultural sector fell by 14.21% due to lower production in the agricultural subsector (-20.24%) with crops such as quinoa (-81.8%), olives (-42.3%), starchy corn (-36.5%) , potatoes (-35.1%), hard yellow corn (-22.4%), sugar cane (-21.8%) and alfalfa (-21.1%); explained by lower plantings of the main crops (-12.6%), to which were added unfavorable weather conditions.
He livestock subsector it contracted by 0.80% due to lower production of eggs (-1.5%), poultry (-1.3%), fresh milk (-0.7%) and sheep (-0.4%).
He fishing sector decreased 2.57% due to the lower extraction of species of maritime origin (-6.60%), mainly for direct human consumption (-1.57%), destined for the production of canned food (-30.5% ), for frozen (-5.2%) and curing preparation (-2.4%).
Likewise, fishing for indirect human consumption (anchovy resource for fishmeal and fish oil) decreased when a landing of 6,444 tons was reported, which, compared to 26,114 tons in April 2022, registered a decrease of -75.3%.
Other sectors that fell in April are telecommunications and other information services (-9.87%), financial and insurance (-7.22%), construction (-5.12%), manufacturing (-3.84%).
Sectors that advanced
He The mining and hydrocarbons sector grew by 17.41% due to the dynamism of the metal mining activity by 20.86%, associated with the higher volumes produced of copper (31.4%), zinc (31.4%), lead (9.1%), iron (2.9%) and silver (0.2%); meanwhile, the production of molybdenum (-2.9%), gold (-1.4%) and tin (-0.9%) decreased. Additionally, the production of hydrocarbon subsector decreased by 0.34% explained by the lower exploitation of natural gas liquids (-5.3%).
He electricity, gas and water sector it grew 7.32% driven by the generation of electricity (8.42%) and water production (1.55%); while, gas distribution decreased (-2.44%).
The other sectors that advanced in April are accommodation and restaurants (9.10%), other services (4.82%), commerce (3.18%)transport, storage, mail and messaging (3.08%), public administration, defense and others (2.85%), services provided to companies (1.57%).
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
