Want to know why Peru is so popular with the world right now? Look no further than two reports in 'La Republica' today, and all is clear.
Report one: Peru's economy grew 10.41% in September
That datapoint was widely announced all over the biznews wires yesterday and today, but this next one was weirdly missed by most. A longer translation needed:
Report two: Lima Residents' salary averaged S/1,084 (U$388)
The average monthly income for workers in the Lima & Metropolitan area was S/1.084 (U$388) in the months August to October 2010, a figure 2.3% lower than that registered in the same quarter of 2009, according to the National Institute of Statistics and Information (INEI).According to the Permanent Employment Survey (EPE), income for men averages S/1256.40 (U$450), some 2.1% lower compared to the same quarter of last year. Also, womens' income came to S/864.50 (U$310) on average, lower by 1.5%. Tis figure represents 68.8% of average male income and shows a S/391.90 difference between the sexes.Meanwhile, income grew on average by 4.1% for those between 14 and 24 years old, while the population aged 45 years or more saw an 8.4% drop in average income. Income also dropped in the population aged 25 to 44 by 0.6% year-over-year.Finally, according to ranking by education in Lima&Metro, the the referred quarter average income rose by 8.1% for those employees with at least secondary education.
Peru: The capitalist wet dream where the rich get richer and the poor get KY Jelly.