Monday, June 16

Forbes / Reuters Peru GDP grew 2.5 pct vs 9.2 pct in April 2002: "The National Statistics Institute (INEI) also said that the economy grew 4.4 percent in first four months of the year compared with 4.3 percent in the January-April 2002 period." Growth was led by fishing (highly seasonal depending on oceans stocks) and mining. Agriculture was also strong. The first quarter of 2002 was especially strong so the current situation does not compare well.

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