Friday, March 18, 2011

Homemade Night Splint

the GDP figures for 2010: Progress to February

February also is strong in terms of gross domestic product (PBI). This is the first glimpse data at hand, and have just been published by the Central Bank.

They point, for example, that fishing will, as in January, a positive contribution to GDP, since its capture volume increased by no less than 93%.
oil production also increased significantly, by 37.5% from the hand of the increased extraction of natural gas for both domestic consumption and for export.
local cement shipments are another element to consider, but that relatively modest growth of 6.4% could be reflecting a slowdown in construction.
In contrast, production of electricity itself grew at a significant rate of 10.1%, showing that energy demand in various sectors including industry, remains important.

will have to investigate in the following days, new data that yield a better approximation to the final result to be presented in mid-April. According to the head of the National Institute of Statistics and Informatics (INEI), we expect a significant rate, although hardly as high as January. In addition, the fence set at the base of comparison (in February 2010 was grown 5.73%) is not too easy to leave behind.

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