FX.co ★ Peru Economic Activity Above Expectations

Peru's Gross Domestic Product (GDP) experienced a 4.67% year-over-year increase in March 2025, improving from the 2.68% growth recorded in February and surpassing market projections of a 3.97% rise. This marks the 12th consecutive month of economic expansion. Significant growth was observed in the transportation sector, which climbed to 8.82% from February's 5.66%. The industrial sector also saw a rise, increasing to 3.20% from 1.94%, while commerce grew to 3.90%, compared to 3.09% in the previous month. The lodging and restaurant sectors likewise posted growth, moving to 1.34% from 0.64%. Additionally, the mining industry rebounded robustly with a 7.04% increase after a contraction of -1.36%, and the electricity, gas, and water sectors recovered to a 4.31% growth following a -1.64% decline. Conversely, the construction sector experienced a slowdown in growth, registering at 5.22% compared to 5.91% in February, as did agriculture, which fell to 3.34% from 4.35%. The national production index, when seasonally adjusted, recorded a slight decrease of -0.06% from the previous month.