![Peru Pro 3Q 2023](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjAzJTJGUGVydV9Qcm9fM1FfMjAyMy5qcGcmY2FjaGVNYXJrZXI9MTcxMDc0MDU3Ny05Mjc3NyZ0b2tlbj1jNjg4YmQzNjQ3ZmZiMjFk.q.jpg)
In Peru in the first 9 month of 2023 the cement production declined by -13.9% to 8.464 Mt after 9.825 Mt in the same period in 2022. However, the decline stabilized in the 3.Q 2023 with -12.4% YoY. Anyhow, a forecast for the rest of the year is difficult. We expect a further improvement.