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Economy | 22 August, 2007 [ 18:00 ]

Peru: Pisco's Economy Improves, Earthquake Victims Push Ahead


(LIP-ir) -- One of the many effects the magnitude-8 earthquake on August 15 had on the city of Pisco, was on its commercial and economic activity. Not only was the city almost completely destroyed, but trade was completely halted.

For a substantial amount of time Pisco was without food and water. At one point citizens began robbing each other and markets in desperation for food. That all seems to be behind Pisco now.

Commercial and economic activity is progressively moving ahead in the city that has been through so much. With hundreds of its residents killed, Pisco is now recovering from the devastating earthquake.

Temporary stands, selling food products, are being erected all around Pisco's "Market Number 2". The market has not been opened in fear of more seismic activity. From 7 AM - 2 PM, merchants are busy selling what is left of their food stock. Many products, such as vegetables, are being sold wholesale and at bargain prices.

Prices have not gone up, on the contrary, merchants are willing to bargain with customers. Before the earthquake, potatoes were sold at 70 cents (soles) per kilo. Now 3 kilos of potatoes can be purchased for 1 sole and 40 cents. One kilo of lemons is the same price as 5 bananas, 1 sole.

On the other hand, there is a shortage of red meat and the price of chicken has gone up to 6 soles and 50 cents per kilo. Milk can also be purchased, 50 cents per cup. Currently there is only one bakery open, 10 pieces of bread cost 1 sole.

Mototaxis, a motorcycle with a carriage attached to the back, have also begun to operate throughout the city, 50 cents is the price of a ride. Drugstores, banks and some government buildings have also opened their doors to the public


- related articles -
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Alan Garcia Launches "Building Peru" Creates 8,000 Jobs in Pisco, Ica & Chincha (by LIP, Aug 21, 2007)
A New Pisco in 15 Days (by LIP, Aug 21, 2007)
Peru: Ica City on Steady Recovery Path after Earthquake (by LIP, Aug 21, 2007)
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