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(Bloomberg) -- China’s electricity output plummeted last month as virus restrictions in Shanghai and other parts of the country pummeled economic activity from factory floors to steel mills and shopping malls.Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Infection Turbo-Charges Vaccinated People’s Immunity$11 Trillion and Counting: Global Stock Slump May Not Be OverTerra
Peru's economy grew 3.79% in March compared with a year earlier, the country's statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production. Peru is the world's No. 2 copper producer, but protests from indigenous communities in the Andes demanding higher benefits from the mining industry have affected production. In March, Southern Copper Corp's Cuajone copper mine was halted throughout the month.