BUSINESSTHE RIO TIMES
Peru Economy Slows to 1.8% in May as El Niño Hits Fishing
Peru's economy grew 1.80% year-on-year in May 2026, the slowest expansion in 2026, due to a 73.10% contraction in the fishing sector caused by El Niño conditions and a 10.67% decline in manufacturing.
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Adjacent reporting
- Peru’s Economy Grows at Weakest Pace in Six Months as El Niño Takes Toll
- El Niño Puts Nearly a Quarter of Peru’s Economy at Risk
- Panama Economy Grows 5.19% as Canal Prepares for El Niño Without Transit Cuts
- China’s economy slows to 4.3% annual pace of growth in April-June
- Chile Growth Forecast Cut Again as Copper and Fuel Squeeze Bite