Weekly Report - 17 October 2024 (WR-24-41)

PERU | Mining drives growth. Peru’s economic activity expanded by 3.53% year-on-year in August, according to figures released by the national statistics institute (Inei) on 15 October. This was driven primarily by an 8.87% increase in the mining and hydrocarbons sector - copper production increased by 11.7%, silver by 30%, and molybdenum by 42.4% - while the accommodation and restaurant sector also grew by 7.53%.

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