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Manufacturing industry grows 1.4% in September 2019 in Peru

According to Produce’s General Office for Impact Assessment and Economic Studies, this result is due to the growth of the primary subsector (1.5%) as well as the non-primary subsector, which recorded a positive change of 1.4% in compared to the previous year. same month as the previous year.

The Department also noted that the positive result – recorded by the primary subsector – was explained by the increased production of the fishing industry (123.8%) and – to a lesser extent – those represented by meat products (2.4%) and sugar refining activities (1.9%).

“The good performance of the fishery products industry is due to the availability of raw material for the frozen industry (…), highlighting the largest catches of giant squid, shrimp, mackerel and fan shell, among other species”, he added.

Non-primary manufacturing sector

In the non-primary subsector, its growth was mainly influenced by the higher production of intermediate goods, due to the positive performance of the industries related to the steel structure (31.5%) and sawmill (86.3%) activities, among others.

Source: livinginperu

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