Peru Economy Slows to 1.8% in May as El Niño Hits Fishing

Peru · Economy Key Facts —GDP growth. Peru’s economy grew 1.80% year-on-year in May 2026, down from 3.73% in April and the slowest expansion in 2026. —Fishing collapse. The fishing sector contracted 73.10%, driven by El Niño conditions that warmed Pacific waters and drove away anchovy stocks. —Manufacturing drag. Manufacturing fell 10.67%, weighed down by…