More on Peru's economic miracle (and owls)

The INEI stats office has just published the July 2009 GDP figures. According to the normal Reuters poll analysts* expected a drop of 0.5%

The actual result?: a drop of 1.38%

Yet again, manufacturing (i.e. the real economy) dropped badly by 12.35%

Expect Spongebob Carranza to say that "we're at the bottom" AGAIN and expect our friend the owl to pop up and reply with a cheery

Here's the official INEI bulletin.

*dumbasses in suits