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LIMA, May 15 (Reuters) - Peru’s central bank said on Friday that April’s year-on-year economic expansion was likely higher than the 2.68 percent reading registered in March.
“We think that GDP growth in the month of April is going to be above - well above - growth observed in March because of the recovery in primary sectors,” the central bank’s chief economist Adrian Armas told reporters on a conference call.
Economic growth likely continued to accelerate on a rebound in mining and fishing, he said.
The central bank held the benchmark interest rate steady at 3.25 percent on Thursday as the currency trades around a six-year low. (Reporting by Teresa Cespedes; Editing by Ted Botha)