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.
To contact the reporter on this story: John Quigley in Lima at firstname.lastname@example.org.