Miniature Canoe Blueprint

began in 2011: in January, the GDP grew 10.02%

The new year began encouragingly in the productive sector. Gross domestic product (GDP) grew no less than 10.02% in January, beating forecasts of various analysts, who forecast a rate of about 9%. Thus, accumulated seventeen months consecutive expansion. The rate of the last twelve months, meanwhile, stood at 9.28%, slightly higher than the end of 2010.
This was announced today by Technical Report, National Institute of Statistics and Informatics (INEI).

According to the statistical agency, the excellent result is explained by the strong dynamism of domestic and external demand. The first is reflected real growth of 5.2% in exports, particularly nontraditional, which expanded by 27.7%. The second, meanwhile, was evident in retail sales to households, light vehicle sales, most consumer goods imports, growth in government consumption, investment in construction and import of goods capital.
Undoubtedly, the basis for comparison (as in January 2010 the growth was only 3.80%) also helped.

Fishing was the most prominent sector, reporting spectacular growth of 26.52%, compared with very strong declines in previous months.
But more important was the performance of other sectors, greater weight in GDP. These include the construction, which, continuing his perfect rally-up, reflecting the dynamism with rising infrastructure of all kinds in the country, expanded at the high rate of 16.21%.
The Manufacturing, the most important of all, was not far behind, and also exhibited a very strong rate of 14.39%, this time supported by the good performance of the two subsectors, which grew at an appreciable rate: the No Primary did in 14.81% and 11.99% in primary.
An equally significant figure is that recorded the field of Insurance and Financial Services, whose business grew by 13.9%.

Despite the excellent overall figure, the January increase was not generalized, as the Mining and Hydrocarbons sector experienced a slight decline, attributable to the negative performance of the mining sector, despite the strong dynamism of the hydrocarbon, which continues to expand in the hands of the largest gas production for both domestic consumption and for export.

official forecasts and analysts point to a growth of around 7% at the end of the year. With an impressive rate in January seems to have a basis for thinking about a figure so and even in more. But come to be seen how the coming months. The international financial crisis has not yet finished clearing the Japanese economy (third world) has been hard hit, and Peru is on the verge of presidential elections that, while there seems to be too much risk of a paradigm shift, this is still lurking. Hopefully, then, that plans are not affected by these or other factors and that the Peruvian economy, with its efficient current model proceed apace.