Skip to main content

Peruvian construction sector experiences 2.27% y/y growth

 

World Cement,

Asocem has reported that its associated companies sold 849 011 t of cement on the domestic Peruvian market in December 2013. Export volumes reached 40 548 t. Cement dispatches in 2013 as a whole were 7.15% higher than in 2012.

According to the National Institute of Statistics and Information (INEI), Peru’s economy grew by 4.81% y/y in November 2013, marking 51 months of consecutive growth. This was driven by positive results across the country’s economic sectors, with the exception of manufacturing. The construction industry saw a 2.27% y/y improvement in November, boosted by greater investment. Internal consumption of cement rose by 1.1% compared to November 2012.

Adapted from press releases by

 

Renewed confidence in the UK construction industry

The Construction Products Association’s latest forecast anticipates stronger growth in the UK construction sector due to a rebound in commercial building, private house building and infrastructure work.