ClimateNotablePartialDeveloping
5.3
Peru: El Niño pushes fishing, agriculture, textiles into recession, GDP risk
La República (Peru)LO·PE·about 4 hours ago
Peru's economy expanded 3.56% year-on-year in July, well above the 2.45% consensus and a sharp acceleration from June's 1.75% growth. The beat suggests resilience against El Niño-related disruptions, though the sustainability of this pace remains uncertain. This supports a positive growth outlook for Peru and may influence regional investor sentiment.