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Peru Riding Strong the US Economic Crisis, 9.5% GDP Growth in Q3

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Peru’s economy is said to be one of the countries in Latin America that will handle best the U.S. economic crisis given its economic and political stability.

Bloomberg reports that Peru’s National Statistics Institute released the country’s GDP to have “expanded more than economists expected in the third quarter”. Construction and investment in heavy machinery and equipment led this growth.

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Written by Catherine Castro

November 29, 2008 at 5:47 am

Posted in News

Tagged with , , ,

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