Peru Economy Slows for Fifth Quarter as Investment Eases
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Peru’s economy slowed for a fifth straight quarter as flagging demand for the country’s exports and global market turmoil damped investment.
Gross domestic product grew 6.5 percent from the same period last year, compared with 6.6 percent in the second quarter, the government’s statistics agency said in an e-mailed report today. Five economists surveyed by Bloomberg had all forecast growth of 6.6 percent.