Peru's Strong Economic Growth Supports Our Favourable Food And Drink Outlook

The latest economic figures from Peru confirm the country's strong economic recovery following the 2009 slowdown and support our favourable outlook for the country's food and drink sector. The National Institute for Statistics reports that Peru's economy grew by 9.19% in May (year-on-year) pushing total growth in the first five months of the year to 7.37%. Consumer demand has been advancing ahead of the wider economy and this continued in May with retail sales advancing by 11.09%. This suggests that the consumer is positioned to be a key driver of the economy going forward and this, along with the country's

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