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LatinNews Daily - 16 July 2026
In brief: Economic output up in Peru
*Peru’s national statistics institute (Inei) has announced that economic output increased by 1.80% year-on-year in May. This was driven by growth in sectors including trade (+6.91%), mining and hydrocarbons (+2.60%), construction (+4.66%), and electricity, gas, and water (+5.21%). In contrast, there were sharp contractions in the fishing sector (-73.10%) and manufacturing (-10.67%). These were respectively attributed by Inei to climatic changes which have affected aquatic species, and the production cycle of the textile industry. Over the first five months of 2026, economic output grew by 3.20%, and in the 12 months to May it grew by 3.54% compared to the preceding 12-month period.
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