UPDATE 3-Peru economy beats expectations with 3.87 pct growth in June

viernes 14 de agosto de 2015 13:29 GYT

(Adds second-quarter expansion, sector growth and context)

By Teresa Cespedes

LIMA Aug 14 (Reuters) - Peru's economy grew by a faster-than-expected 3.87 percent in June from a year earlier, a strong uptick from May and one of the fastest monthly expansions of the past year, state statistics agency Inei said on Friday.

A Reuters poll had forecast 3 percent year-on-year expansion in June. The central bank had said the reading would probably come in above 3 percent.

The official figure could bolster business and consumer confidence, a lift the government says is needed to consolidate a fragile recovery.

Peru's mining-fueled economy has slowed sharply in the past 1-1/2 years as weak mineral prices have curbed investment.

The economy expanded by 3 percent in the second quarter of 2015 from the year-earlier period, and by 2.42 percent in the first half, Inei said.

The annual growth rate rose to 1.92 percent in June.

Mining led growth in June with a 14.15 percent expansion as output from new copper mines and small-scale gold miners rose.   Continuación...