Peru September Trade Surplus Narrows on Metal-Price Declines
Peru’s trade surplus narrowed in September from the year earlier as exports fell on lower copper, gold and coffee prices.
The Andean nation had a trade surplus of $461 million, compared with $883 million a year earlier and $47 million the previous month, the national statistics agency said in an e-mailed statement today.
Exports slid 2.5 percent to $3.86 billion after a 19.4 percent drop in August, the agency said. Imports rose 10.5 percent to $3.4 billion on increased purchases of crude oil, diesel, mobile phones and excavators.
The sol appreciated 0.1 percent to 2.6115 per U.S. dollar, according to Deutsche Bank AG’s local unit.
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