Peru’s Economy Grows at Weakest Pace in Six Months as El Niño Takes Toll

Peru · Economy Key Facts —Growth brakes sharply Peru’s GDP expanded only 1.8% in May, breaking a streak of 3%-plus monthly growth and marking the slowest advance so far this year. —Fishing collapse The fishing sector plummeted over 73% year-on-year as warmer seas drove away anchovy, threatening a supply chain that provides 40% of the…