LIMA Nov 23 Peru's economy grew 6.5 percent in
the third quarter from the same period a year ago, official data
showed on Friday, with the Andean country on track to post the
strongest growth in South America this year.
The latest data from Peru's statistics agency were in line
with previously released monthly growth figures and showed
strong domestic demand offsetting weaker exports in July through
September of this year.
While domestic demand expanded 10 percent and helped imports
rise 13.7 percent, exports from the major minerals producer fell
1.2 percent in the third quarter, on the heels of a 1.4 percent
decline in the second quarter.
Growth for all of 2012 is widely expected to be about 6
percent, as the economy grows near its potential despite
slumping prices for Peru's mineral exports.
The report said the economy expanded 6.3 percent in the
first three quarters of 2012.