Peru: cement production and dispatch volumes decline in February 2015

According to Peruvian cement association ASOCEM, cement production increased by 1.5% y/y in the 12 months to February 2015, while dispatches on the national market improved by 0.2% y/y. Total dispatches during the period, including exports, grew by 1.4% y/y.

However, in February alone, cement production fell by 4% and domestic dispatches by 4.1%. When exports are also taken into account, dispatches in the second month of 2015 were down by 4.1%. The decline has been attributed to unfavourable weather conditions, weaker private investment and public spending, as well as lower confidence levels.

Adapted from press release by Louise Fordham

Read the article online at: https://www.worldcement.com/the-americas/17032015/peru-cement-statistics-february-2015-529/