Bloomberg News

Peru August Trade Surplus Narrows on Metal Price Decline

October 11, 2012

Peru’s trade surplus narrowed in August as copper, gold and coffee prices declined and imports rose to a record.

The country had a trade surplus of $48 million in August, compared with a $1.27 billion surplus a year earlier and a revised $16 million surplus the previous month, the country’s statistics agency said in an e-mailed report today.

Exports dropped 20 percent to $3.71 billion from the same month of 2011, the steepest decline this year, the agency said. Imports rose 9.3 percent to $3.66 billion, led by capital goods for the mining and energy industry, fuel, televisions and cars.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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