July 15, 2017 / 12:52 AM / a year ago

CORRECTED-Peru fishing activity in June likely grew slower than in May-central bank

(Corrects headline and first paragraph to show that central bank referred to fishing activity and not economy)

LIMA, July 14 (Reuters) - Peru’s fishing activity in June likely grew at a pace “slightly under” May’s 280 percent expansion, but public investments have rebounded and should drive a 3.5 percent year-on-year economic expansion in the second half of 2017, the central bank said on Friday.

The bank’s chief economist, Adrian Armas, added in a conference call with reporters that the bank’s decision to cut the benchmark interest rate to 3.75 percent on Thursday reflects a “clearly expansive” monetary stance. (Reporting By Mitra Taj; Editing by Jonathan Oatis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below