A December 11 report on Peru says the economy is improving, with non-primary sectors growing above 3% and construction strong, while primary activities such as mining, fisheries and possibly agriculture stagnated in October. Corruption allegations linked to Brazilian construction firm Odebrecht are spreading across government and political conflict is intensifying.
Stagnating fisheries output weighs on fishmeal supply, while a rebounding domestic economy and a stronger sol support the currency, which bears on Peruvian export pricing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.