Peru’s economy grew 12.9 percent year-on-year in July of 2021, easing from a 23.5 percent expansion in June. It is the fifth consecutive month of growth, as the economy recovers from the heavy contractions of 2020. Expansion was driven by manufacturing (6.7 percent), commerce (13.3 percent), agriculture (11.1 percent), construction (37.4 percent), transport (38.6 percent) and hotels (124.2 percent). On the other hand, mining output went down 0.9 percent. Year to date, Peru’s economy grew by 19.7 percent source: Instituto Nacional de Estadística e Informática (INEI)
Leading Economic Index in Peru averaged 4.26 percent from 2008 until 2021, reaching an all time high of 59.42 percent in April of 2021 and a record low of -39.19 percent in April of 2020. This page provides the latest reported value for - Peru GDP YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Peru GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Leading Economic Index in Peru is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru GDP YoY is projected to trend around 3.70 percent in 2022, according to our econometric models.