Peruvian GDP continued to recover in December 2020

RIO DE JANEIRO, BRAZIL – The seasonally adjusted indices continued to recover in December 2020 after recording minimum levels (-40%) in April last year, the Central Reserve Bank has reported.

Thus, GDP and the seasonally adjusted non-primary GDP increased 2.1% and 1.1%, respectively, in December compared to the previous month.

For its part, the seasonally adjusted domestic demand increased by 3.3%.

“GDP grew 0.5% in December 2020, continuing its trend of economic activity recovery and showing the first positive rate since the onset of the health crisis. On the other hand, GDP decreased 11.1% in 2020,” the BCR indicated.

During the analyzed month, primary GDP showed a recovery of 5.1%, mainly due to higher fishing activity.

Likewise, non-primary GDP maintains moderation in its fall due to the dynamism of the self-construction sector, as well as the recovery of commerce and services sectors.