FX.co ★ Peru’s GDP Growth Cools to 1.8% in May, Easing From April’s Stronger Pace

Peru’s economic expansion slowed in May 2026, with year-over-year GDP growth easing to 1.80%, down from 3.73% recorded in April 2026. The latest data, updated on 15 July 2026, indicate a moderation in momentum after a relatively stronger performance at the start of the second quarter.

Both the current and previous readings are calculated on a year-over-year basis, comparing each month to the same month a year earlier. While April’s 3.73% growth pointed to a more robust rebound, May’s 1.80% suggests that the pace of recovery has become more measured as the quarter progresses.

The deceleration in May will likely prompt closer scrutiny from investors and policymakers, as markets assess whether the softer reading reflects temporary volatility or an early sign of a more sustained cooling in Peru’s economic activity.