Macchu Picchu Peru

Peru Economic Activity September 2020

Peru: Decline in economic activity softens in September

Economic activity decreased 7.0% year-on-year in September (August: -9.7% yoy) marking the smallest drop since February. Looking at the details of the release, September’s improvement was broad-based with the commercial, agricultural, manufacturing and construction sectors all improving. However, mining and hydrocarbons production fell at a sharper pace in September, weighing on the overall improvement somewhat.

On a monthly basis, growth in economic activity moderated to 1.9% in September (August: +3.8% mom), the lowest result since April. Meanwhile, the trend pointed down, with the annual average variation of economic activity coming in at minus 10.1%, down from August’s minus 9.4% reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest