Peru’s Economy Rebounded in Fourth Quarter as Mining Accelerates

Peru’s economic growth rebounded in the fourth quarter as improved consumer and business sentiment spurred domestic demand and new copper mines boosted output.

Gross domestic product rose 5.2 percent from the same period a year earlier, the government’s statistics agency said in a report posted on its website today. The expansion matches the median estimate of 19 analysts in a Bloomberg survey and compares with a revised 4.5 percent increase in the previous three months, the slowest in almost four years.