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Peru Economy Grows 3.23% in August, Below Expectations

INEI data showed growth slowed from 3.56% in July and undershot the 3.4% forecast from analysts polled by Reuters.

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03:07:45 PM UTC
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Peru's economy grows 3.23% year – on – year in August

Peru’s economy grew 3.23% in August compared with a year earlier, according to data released Thursday by the country’s INEI statistics agency. The result was below expectations. Analysts polled by Reuters had forecast growth of 3.4%. August’s pace also eased from 3.56% in the previous month.