* Peru’s national statistics institute (Inei) has announced that the country’s economic output fell by 0.63% in August compared with the same month last year. The sectors of the economy which contracted were agriculture (-4.05%), manufacturing (-4.11%), construction (-9.57%), transport, storage & deliveries (-0.28%), accommodation & restaurants (-0.67%), telecommunications & other information technology services (-2.35%), and finance & insurance (-9.68%). In contrast, the mining sector grew by 5.17% while the fishing sector grew by 49.14%. With the August downturn, Peru’s economic output across the first eight months of 2023 stands at -0.58%, although in the 12 months to August it was up by 0.25%.
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