Regulatory Alerts2026-07-30
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Study Note No. 52: Economic Activity - May 2026
This document reports that Peru's GDP grew 1.8% year-on-year in May 2026, driven by a 5.0% expansion in non-primary sectors, primarily commerce, services, and construction. Conversely, the primary GDP contracted 7.8% due to a 73.1% drop in fishing output caused by the suspension of the anchovy fishing season and lower catches. Formal employment increased 4.2% in May, while average formal real income decreased 1.2% for the month, though it accumulated a 2.0% growth for the January-May period.
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