Manufacturing in Peru

Peru Manufacturing | Economic News & Forecasts

Peru - Manufacturing

Year-on-year GDP growth accelerated in the first quarter of this year from the previous period. The improvement was broad-based, with private consumption, public spending, fixed investment and exports all expanding at faster paces. That said, underlying momentum soured, as shown by the quarter-on-quarter downturn. Moving to Q2, data is scarce: Soaring inflation in April and May spells trouble for household consumption, although a lower unemployment rate in April could have lent some support to spending. Meanwhile, in late May the IMF approved a new two-year USD 5.4 billion flexible credit line arrangement to support the economy given an uncertain global backdrop. In the political arena, in a further sign of instability, President Castillo recently appointed four new ministers, including the mining minister, while the attorney general included the president in a criminal investigation, raising the risk that the president will be forced from office.

Peru - Manufacturing Data

2015   2016   2017   2018   2019  
Manufacturing (annual variation in %)-0.9  -0.2  0.2  6.2  -1.7  

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Peru Manufacturing Chart

Peru Industry
Note: Annual variation of manufacturing output in %.
Source: Peru Central Bank and FocusEconomics calculations.

Peru Facts

Value Change Date
Bond Yield0.0-0.60 %Nov 08
Exchange Rate3.31-0.06 %Jan 01

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